https://www.taxtmi.com/news?id=29969 Rupee depreciation reached a record low due to a stronger US dollar, sustained foreign institutional investor outflows, rising crude oil prices, higher US treasury yields, and weak domestic equity sentiment. Analysts identified RBI intervention as the principal regulatory support that could stabilise the currency, with market participants watching US macroeconomic releases and domestic liquidity cues. Short-term trading was expected within a defined spot range until clearer policy or data signals emerged. en-us Fri, 10 Jan 2025 16:01:02 +0530 Fri, 10 Jan 2025 16:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=29969 Rupee depreciation reached a record low due to a stronger US dollar, sustained foreign institutional investor outflows, rising crude oil prices, higher US treasury yields, and weak domestic equity sentiment. Analysts identified RBI intervention as the principal regulatory support that could stabilise the currency, with market participants watching US macroeconomic releases and domestic liquidity cues. Short-term trading was expected within a defined spot range until clearer policy or data signals emerged. News - Fri, 10 Jan 2025 16:01:02 +0530 https://www.taxtmi.com/news?id=29969