https://www.taxtmi.com/news?id=30208 The rupee strengthened 21 paise to 86.49 against the US dollar, supported by a weaker dollar, easing crude prices, and firmer domestic equities despite ongoing foreign institutional outflows. Concurrently, CPI inflation eased to a four month low of 5.22 per cent, largely due to softer food inflation, creating headroom for monetary policy adjustment by the Reserve Bank and potential future reductions in the policy interest rate. en-us Tue, 14 Jan 2025 09:46:03 +0530 Tue, 14 Jan 2025 09:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30208 The rupee strengthened 21 paise to 86.49 against the US dollar, supported by a weaker dollar, easing crude prices, and firmer domestic equities despite ongoing foreign institutional outflows. Concurrently, CPI inflation eased to a four month low of 5.22 per cent, largely due to softer food inflation, creating headroom for monetary policy adjustment by the Reserve Bank and potential future reductions in the policy interest rate. News - Tue, 14 Jan 2025 09:46:03 +0530 https://www.taxtmi.com/news?id=30208