https://www.taxtmi.com/news?id=35127 The rupee weakened against the US dollar amid sustained foreign institutional investor selling and a stronger dollar index; traders cited 86.50 as resistance and 86.85 as support, with global risk sentiment and FII flows seen as decisive for near term direction. The episode coincided with steep equity index declines, significant net FII equity outflows and a recent fall in foreign exchange reserves, while oil futures moved only marginally. en-us Mon, 24 Feb 2025 20:31:04 +0530 Mon, 24 Feb 2025 20:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35127 The rupee weakened against the US dollar amid sustained foreign institutional investor selling and a stronger dollar index; traders cited 86.50 as resistance and 86.85 as support, with global risk sentiment and FII flows seen as decisive for near term direction. The episode coincided with steep equity index declines, significant net FII equity outflows and a recent fall in foreign exchange reserves, while oil futures moved only marginally. News - Mon, 24 Feb 2025 20:31:04 +0530 https://www.taxtmi.com/news?id=35127