Global oil benchmark News
On Monday, the rupee pared its initial gains and settled for the day lower by 3 paise at 83.13 against the US dollar.
India's forex reserves increased by USD 6.396 billion to USD 642.492 billion for the week ended March 15, the Reserve Bank said.
The local unit finally settled at 83.13 (provisional) against the dollar, higher by 6 paise from its previous close of 83.19.
Oil prices fell for a fourth day, lurching again to 12-year lows.
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