https://www.taxtmi.com/news?id=29590 The domestic currency recovered from intraday lows to settle higher after central bank market operations aimed at stabilising the exchange rate. These interventions helped contain depreciation even as strong dollar demand, sharp equity market declines and net foreign institutional selling continued to pressure the currency and contributed to a decline in foreign exchange reserves; official gold purchases also reflected reserve portfolio adjustments. en-us Mon, 06 Jan 2025 20:46:03 +0530 Mon, 06 Jan 2025 20:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=29590 The domestic currency recovered from intraday lows to settle higher after central bank market operations aimed at stabilising the exchange rate. These interventions helped contain depreciation even as strong dollar demand, sharp equity market declines and net foreign institutional selling continued to pressure the currency and contributed to a decline in foreign exchange reserves; official gold purchases also reflected reserve portfolio adjustments. News - Mon, 06 Jan 2025 20:46:03 +0530 https://www.taxtmi.com/news?id=29590