https://www.taxtmi.com/news?id=32917 International tariff measures and escalating trade tensions have depressed the domestic currency, producing a modest depreciation and a narrow intraday trading range. Market participants cited tariffs and investor risk aversion as the primary downward drivers, while a softer dollar index and lower crude futures provided limited offsetting context. Central bank intervention was identified as a potential support mechanism, with the Monetary Policy Committee's imminent meeting and policy announcement central to near term market expectations and intervention calculus. en-us Wed, 05 Feb 2025 10:16:02 +0530 Wed, 05 Feb 2025 10:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32917 International tariff measures and escalating trade tensions have depressed the domestic currency, producing a modest depreciation and a narrow intraday trading range. Market participants cited tariffs and investor risk aversion as the primary downward drivers, while a softer dollar index and lower crude futures provided limited offsetting context. Central bank intervention was identified as a potential support mechanism, with the Monetary Policy Committee's imminent meeting and policy announcement central to near term market expectations and intervention calculus. News - Wed, 05 Feb 2025 10:16:02 +0530 https://www.taxtmi.com/news?id=32917