https://www.taxtmi.com/news?id=33142 Monetary policy expectations of a central bank rate cut combined with importer dollar demand and global trade related risk aversion precipitated a record low in the rupee. Weaker domestic activity, equity outflows and specific dollar buying by importers, oil and defence firms amplified downward pressure, while potential central bank intervention and inflation considerations will condition near term stabilisation and trading ranges. en-us Thu, 06 Feb 2025 20:31:03 +0530 Thu, 06 Feb 2025 20:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=33142 Monetary policy expectations of a central bank rate cut combined with importer dollar demand and global trade related risk aversion precipitated a record low in the rupee. Weaker domestic activity, equity outflows and specific dollar buying by importers, oil and defence firms amplified downward pressure, while potential central bank intervention and inflation considerations will condition near term stabilisation and trading ranges. News - Thu, 06 Feb 2025 20:31:03 +0530 https://www.taxtmi.com/news?id=33142