https://www.taxtmi.com/news?id=34007 Rupee depreciation is attributed to global macroeconomic uncertainty and a stronger US dollar, with influences including dollar movements, capital flows, interest rate levels, crude oil prices and the current account deficit. The government warned that overvalued currencies harm national competitiveness by raising export costs and indicated readiness to support domestic companies. The finance minister affirmed that the government and the Reserve Bank will exercise vigilance and that the RBI is taking measures to stabilise the rupee. en-us Thu, 13 Feb 2025 22:16:03 +0530 Thu, 13 Feb 2025 22:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34007 Rupee depreciation is attributed to global macroeconomic uncertainty and a stronger US dollar, with influences including dollar movements, capital flows, interest rate levels, crude oil prices and the current account deficit. The government warned that overvalued currencies harm national competitiveness by raising export costs and indicated readiness to support domestic companies. The finance minister affirmed that the government and the Reserve Bank will exercise vigilance and that the RBI is taking measures to stabilise the rupee. News - Thu, 13 Feb 2025 22:16:03 +0530 https://www.taxtmi.com/news?id=34007