https://www.taxtmi.com/news?id=33078 Speculation about a potential RBI rate cut and the Monetary Policy Committee meeting pressured the rupee into record depreciation as anticipated monetary easing, significant dollar buying by foreign banks and importers, and stop-loss orders amplified selling. Global trade tensions, a stronger dollar, higher oil prices, and weaker services PMI compounded the outflows and volatility, making central-bank communications and capital-flow dynamics critical determinants of near-term exchange-rate stability. en-us Thu, 06 Feb 2025 13:46:03 +0530 Thu, 06 Feb 2025 13:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=33078 Speculation about a potential RBI rate cut and the Monetary Policy Committee meeting pressured the rupee into record depreciation as anticipated monetary easing, significant dollar buying by foreign banks and importers, and stop-loss orders amplified selling. Global trade tensions, a stronger dollar, higher oil prices, and weaker services PMI compounded the outflows and volatility, making central-bank communications and capital-flow dynamics critical determinants of near-term exchange-rate stability. News - Thu, 06 Feb 2025 13:46:03 +0530 https://www.taxtmi.com/news?id=33078