https://www.taxtmi.com/news?id=29226 The currency depreciated amid stronger US dollar dynamics tied to expectations of fewer US rate cuts and higher US yields, while domestic factors-month end importer and oil demand, weak equity markets, foreign portfolio outflows and a widening trade deficit-added downward pressure; despite a slight moderation in the current account deficit, rollover activity and short term external funding strains maintained exchange rate volatility. en-us Tue, 31 Dec 2024 10:16:02 +0530 Tue, 31 Dec 2024 10:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=29226 The currency depreciated amid stronger US dollar dynamics tied to expectations of fewer US rate cuts and higher US yields, while domestic factors-month end importer and oil demand, weak equity markets, foreign portfolio outflows and a widening trade deficit-added downward pressure; despite a slight moderation in the current account deficit, rollover activity and short term external funding strains maintained exchange rate volatility. News - Tue, 31 Dec 2024 10:16:02 +0530 https://www.taxtmi.com/news?id=29226