https://www.taxtmi.com/news?id=32642 Imposition of imported goods duties by a major trading partner caused immediate currency and market stress as tariff measures triggered risk aversion and safe haven demand for the US dollar. The resulting sharp exchange rate depreciation, sustained foreign fund outflows, and elevated dollar strength prompted domestic monetary authorities to consider foreign exchange market intervention and reserve management as the primary operational response to stabilize the currency and reduce volatility. en-us Mon, 03 Feb 2025 10:16:02 +0530 Mon, 03 Feb 2025 10:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32642 Imposition of imported goods duties by a major trading partner caused immediate currency and market stress as tariff measures triggered risk aversion and safe haven demand for the US dollar. The resulting sharp exchange rate depreciation, sustained foreign fund outflows, and elevated dollar strength prompted domestic monetary authorities to consider foreign exchange market intervention and reserve management as the primary operational response to stabilize the currency and reduce volatility. News - Mon, 03 Feb 2025 10:16:02 +0530 https://www.taxtmi.com/news?id=32642