Rupee extends gains, settles 13 paise higher at 86.40 against US dollar https://www.taxtmi.com/news?id=30338 Rupee strengthened 13 paise to 86.40 against the US dollar, supported by domestic equity gains and falling crude prices while FII outflows limited gains; market watchers cited weaker US producer price data as a factor in dollar softness but warned that elevated US inflation could prompt dollar recovery, advising attention to upcoming US CPI and Fed commentary and expecting USD INR around 86.25-86.65. en-us Wed, 15 Jan 2025 16:01:03 +0530 Wed, 15 Jan 2025 16:01:03 +0530 TaxTMI RSS Generator Rupee extends gains, settles 13 paise higher at 86.40 against US dollar https://www.taxtmi.com/news?id=30338 Rupee strengthened 13 paise to 86.40 against the US dollar, supported by domestic equity gains and falling crude prices while FII outflows limited gains; market watchers cited weaker US producer price data as a factor in dollar softness but warned that elevated US inflation could prompt dollar recovery, advising attention to upcoming US CPI and Fed commentary and expecting USD INR around 86.25-86.65. News - Wed, 15 Jan 2025 16:01:03 +0530 https://www.taxtmi.com/news?id=30338