https://www.taxtmi.com/news?id=31043 The rupee saw marked intraday volatility as domestic equity gains were outweighed by global uncertainty and significant foreign portfolio outflows, which exerted downward pressure on the currency. Crude oil movements and a stronger dollar added to mixed pressures. Analysts noted that near-term exchange rate behaviour will remain sensitive to global shocks, foreign investment flows and domestic fiscal developments ahead of the Union Budget, with a potential stabilising effect from lower oil prices and improved budgetary allocations. en-us Wed, 22 Jan 2025 10:16:03 +0530 Wed, 22 Jan 2025 10:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=31043 The rupee saw marked intraday volatility as domestic equity gains were outweighed by global uncertainty and significant foreign portfolio outflows, which exerted downward pressure on the currency. Crude oil movements and a stronger dollar added to mixed pressures. Analysts noted that near-term exchange rate behaviour will remain sensitive to global shocks, foreign investment flows and domestic fiscal developments ahead of the Union Budget, with a potential stabilising effect from lower oil prices and improved budgetary allocations. News - Wed, 22 Jan 2025 10:16:03 +0530 https://www.taxtmi.com/news?id=31043