Your gateway to a free society
Article
India's Central Bank Tells Oil Refiners To Stop Buying Dollars On Spot Market
India's Central Bank Tells Oil Refiners To Stop Buying Dollars On Spot Market
By Julianne Geiger of OilPrice.com
India’s central bank has told state-run oil refiners to stop buying dollars in the spot market and instead use a government-backed credit line.
That matters because oil is priced in dollars, and refiners are some of the biggest buyers of dollars in the country. When they all go into the market at once to pay for crude, it puts direct pressure on the rupee. That pressure has been building for weeks.
The Reserve Bank of...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Mar 23, 2026 / Tyler Durden
Tesla And SpaceX To Build Massive "Terafab" Chip Factory In Austin
Tesla And SpaceX To Build Massive "Terafab" Chip Factory In Austin
Elon Musk announced that his proposed “Terafab” chip factory will be built in Austin and operated jointly by Tesla and SpaceX, according to Yahoo Finance and Bloomberg.
The plan is to start with a smaller, highly advanced fabrication facility capable of producing and testing a wide range of chips, before expanding to a larger operation.
Musk argues the semiconductor industry isn’t scaling fast enough to meet his companies’ growing demand for AI and robotics, so he sees building his own supply...
Read more
Mar 11, 2026 / Marcos Giansante
Fiscal Responsibility, Formalization, and the Modern Fiscal State
In a genuinely liberal framework, limited government, fiscal restraint, and legal clarity are not episodic accomplishments. They are the enduring foundations of a social order.
Read more
Jul 4, 2026 / Tyler Durden
Is Tesla About To Use Facial Recognition Before Activating Full Self-Driving
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?