{
  "id": 13344058,
  "title": "RBI opens dollar lifeline for oil PSUs as rupee comes closer to 97, crude tops $100",
  "url": "https://urgent.news/2026/10/10/rbi-opens-dollar-lifeline-for-oil-psus-as-rupee-comes-closer-to-97",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-10T06:25:26.000Z",
  "source": {
    "name": "The Indian Express",
    "slug": "the-indian-express",
    "url": "https://indianexpress.com/article/business/rbi-special-dollar-window-oil-psus-rupee-crude-prices-reserve-bank-of-india-10915196/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Reserve Bank of India (RBI) has opened a special dollar window for three public sector oil marketing companies to alleviate pressure on India’s oil sector as crude prices surpassed $100 a barrel. This move allows Indian Oil Corporation, Hindustan Petroleum Corporation, and Bharat Petroleum Corporation to meet their entire daily dollar requirements through a facility operated by the central bank, effective from October 12, 2026. The RBI's intervention is aimed at reducing the pressure on the rupee, which is nearing the 97 level against the dollar, and comes as forex reserves dipped by $12.95 billion during the week ending October 2.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "RBI steps up rupee support, opens dollar window for oil companies",
        "url": "https://urgent.news/2026/10/10/rbi-steps-up-rupee-support-opens-dollar-window-for-oil-companies",
        "published": "2026-10-10T03:58:20.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}