https://www.taxtmi.com/news?id=30008 Rupee depreciation: the rupee hit a record low against the US dollar, driven by sustained foreign institutional investor outflows, a stronger dollar and rising global crude oil prices. Domestic equity weakness and higher US Treasury yields increased risk aversion, amplifying exchange rate volatility. Analysts noted potential Reserve Bank of India intervention as a stabilising possibility and advised monitoring external macro indicators that influence USD INR spot trading ranges. en-us Fri, 10 Jan 2025 20:31:02 +0530 Fri, 10 Jan 2025 20:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30008 Rupee depreciation: the rupee hit a record low against the US dollar, driven by sustained foreign institutional investor outflows, a stronger dollar and rising global crude oil prices. Domestic equity weakness and higher US Treasury yields increased risk aversion, amplifying exchange rate volatility. Analysts noted potential Reserve Bank of India intervention as a stabilising possibility and advised monitoring external macro indicators that influence USD INR spot trading ranges. News - Fri, 10 Jan 2025 20:31:02 +0530 https://www.taxtmi.com/news?id=30008