https://www.taxtmi.com/news?id=34672 Rupee appreciated on US dollar weakness and offshore dollar selling, aided by unwinding of long positions and amid muted domestic equities and continued foreign fund outflows; short-term support cited in the low-86 range with resistance near 87.40. Commentary notes improving domestic activity indicators but warns that a stronger US dollar could worsen capital outflows, raise risk premiums and heighten external vulnerabilities, affecting currency dynamics. en-us Thu, 20 Feb 2025 16:16:03 +0530 Thu, 20 Feb 2025 16:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34672 Rupee appreciated on US dollar weakness and offshore dollar selling, aided by unwinding of long positions and amid muted domestic equities and continued foreign fund outflows; short-term support cited in the low-86 range with resistance near 87.40. Commentary notes improving domestic activity indicators but warns that a stronger US dollar could worsen capital outflows, raise risk premiums and heighten external vulnerabilities, affecting currency dynamics. News - Thu, 20 Feb 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=34672