Brent crude rate in dollar
Novotný (2012) states that, growth in the intensity of the inverse relationship between the US dollar exchange rate and the Brent crude oil price has been observed over the last decade. This The same is also the impact when currency exchange rate fluctuates by Re 1 per US dollar. RBI had assumed a rate of $68 for 2018 but Brent crude is now hovering around $80. Every $10 rise in