India sees rupee at 72-73 against dollar as 'fair value'
Updated : September 19, 2018 06:43 AM IST
The rupee had fallen more than 11 percent against the dollar this year and is the worst performing Asian currency. It was trading at 72.40 to the dollar, compared with Monday's close of 72.51.
Iran's oil exports have been falling in recent months as more buyers, including its second-largest buyer India, cut imports ahead of US sanctions that take effect in November.