https://www.taxtmi.com/news?id=32767 The rupee hit a record closing low driven by trade policy shocks, a stronger dollar, foreign fund outflows and higher oil prices. Stabilisation rests on the Reserve Bank's interventions and the country's forex reserves; authorities characterise the rupee as a free float and say volatility is being managed through market operations. en-us Mon, 03 Feb 2025 20:31:02 +0530 Mon, 03 Feb 2025 20:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32767 The rupee hit a record closing low driven by trade policy shocks, a stronger dollar, foreign fund outflows and higher oil prices. Stabilisation rests on the Reserve Bank's interventions and the country's forex reserves; authorities characterise the rupee as a free float and say volatility is being managed through market operations. News - Mon, 03 Feb 2025 20:31:02 +0530 https://www.taxtmi.com/news?id=32767