Sensex down 150 points, rupee at 73

"The decline in the domestic currency is because of the US dollar, which is stronger as the their economy is doing well. As far as markets are concerned, the volatility is expected to continue. It is trading in a tight range and will continue for few months," Astha Jain, Senior Analyst, Hem Securities. Nov 5, 2018
Iran Oil output

India may trade with Iran in rupee for oil supplies

India is expected to stimulate a previous arrangement of making payments in rupee in an account with UCO Bank. Since the bank does not have any international exposure, it would be safe from any sanctions. Nov 4, 2018