https://www.taxtmi.com/news?id=33058 Currency depreciation led the rupee to an all time low as markets anticipated a central bank interest rate cut; sustained foreign fund outflows, heavy dollar buying by foreign banks and importers, and stop loss triggers exacerbated the decline. Weak domestic PMI data, firmer oil futures and a stronger dollar index reduced risk appetite and pressured equity markets, reinforcing the negative bias and exchange rate volatility. en-us Thu, 06 Feb 2025 10:16:03 +0530 Thu, 06 Feb 2025 10:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=33058 Currency depreciation led the rupee to an all time low as markets anticipated a central bank interest rate cut; sustained foreign fund outflows, heavy dollar buying by foreign banks and importers, and stop loss triggers exacerbated the decline. Weak domestic PMI data, firmer oil futures and a stronger dollar index reduced risk appetite and pressured equity markets, reinforcing the negative bias and exchange rate volatility. News - Thu, 06 Feb 2025 10:16:03 +0530 https://www.taxtmi.com/news?id=33058