https://www.taxtmi.com/news?id=36369 The rupee fell six paise to settle at 87.12 against the US dollar as FII selling and trade tariff uncertainty outweighed early gains from a US tariff delay and RBI liquidity injections. The currency traded intraday between 86.88 and 87.16. RBI open market purchases and USD/INR swaps totalling about Rs 1.9 lakh crore, along with a recent USD/INR swap auction, were cited as liquidity measures that limited losses, while analysts forecast a slight positive bias but warned FII outflows could constrain sharp appreciation, expecting a range of 86.80-87.25. en-us Thu, 06 Mar 2025 16:16:03 +0530 Thu, 06 Mar 2025 16:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=36369 The rupee fell six paise to settle at 87.12 against the US dollar as FII selling and trade tariff uncertainty outweighed early gains from a US tariff delay and RBI liquidity injections. The currency traded intraday between 86.88 and 87.16. RBI open market purchases and USD/INR swaps totalling about Rs 1.9 lakh crore, along with a recent USD/INR swap auction, were cited as liquidity measures that limited losses, while analysts forecast a slight positive bias but warned FII outflows could constrain sharp appreciation, expecting a range of 86.80-87.25. News - Thu, 06 Mar 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=36369