https://www.taxtmi.com/news?id=34766 Rupee appreciation to 86.50 against the US dollar was driven by a softer US dollar following weak US economic data, tempered domestically by weak equities and FII outflows while lower crude prices provided some cushion. Market participants attributed inflows to a relatively higher real yield and active Reserve Bank interventions, and market attention is focused on the RBI monetary policy minutes for guidance. International indicators and technical levels were cited as additional determinants of near-term exchange rate direction. en-us Fri, 21 Feb 2025 10:16:03 +0530 Fri, 21 Feb 2025 10:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34766 Rupee appreciation to 86.50 against the US dollar was driven by a softer US dollar following weak US economic data, tempered domestically by weak equities and FII outflows while lower crude prices provided some cushion. Market participants attributed inflows to a relatively higher real yield and active Reserve Bank interventions, and market attention is focused on the RBI monetary policy minutes for guidance. International indicators and technical levels were cited as additional determinants of near-term exchange rate direction. News - Fri, 21 Feb 2025 10:16:03 +0530 https://www.taxtmi.com/news?id=34766