https://www.taxtmi.com/news?id=30236 The rupee recovered from a record low to settle higher against the US dollar as the dollar eased and domestic equities gained; elevated crude prices and foreign fund outflows continued to pressure the currency. Cooling retail inflation provided potential headroom for central bank rate easing, while wholesale inflation rose. Market participants expected near-term USD INR trading to track global data releases and commodity and flow dynamics. en-us Tue, 14 Jan 2025 16:01:06 +0530 Tue, 14 Jan 2025 16:01:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30236 The rupee recovered from a record low to settle higher against the US dollar as the dollar eased and domestic equities gained; elevated crude prices and foreign fund outflows continued to pressure the currency. Cooling retail inflation provided potential headroom for central bank rate easing, while wholesale inflation rose. Market participants expected near-term USD INR trading to track global data releases and commodity and flow dynamics. News - Tue, 14 Jan 2025 16:01:06 +0530 https://www.taxtmi.com/news?id=30236