https://www.taxtmi.com/news?id=34806 Rupee depreciation pressure arose from sustained foreign institutional investor selling and a recovery in the US dollar index, outweighing support from softer crude prices and potential central bank intervention. Analysts linked the intraday reversal to weak domestic equities and dollar strength, projected a trading range for the USD INR spot, and noted that RBI intervention or further crude weakness could support the currency. en-us Fri, 21 Feb 2025 16:01:03 +0530 Fri, 21 Feb 2025 16:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34806 Rupee depreciation pressure arose from sustained foreign institutional investor selling and a recovery in the US dollar index, outweighing support from softer crude prices and potential central bank intervention. Analysts linked the intraday reversal to weak domestic equities and dollar strength, projected a trading range for the USD INR spot, and noted that RBI intervention or further crude weakness could support the currency. News - Fri, 21 Feb 2025 16:01:03 +0530 https://www.taxtmi.com/news?id=34806