https://www.taxtmi.com/news?id=41735 Rupee depreciation against the US dollar in early trade was driven by market sentiment after a political figure softened criticism of Federal Reserve leadership and signalled possible tariff easing with China, boosting the dollar index and US equities. Treasury and forex market commentary linked these political signals to dollar strength, modest US bond-yield movement, higher Brent crude futures, and significant foreign institutional equity inflows, producing an expected intraday USD/INR trading range and illustrating the joint influence of policy communication, commodity prices, and capital flows on exchange-rate dynamics. en-us Wed, 23 Apr 2025 10:16:03 +0530 Wed, 23 Apr 2025 10:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41735 Rupee depreciation against the US dollar in early trade was driven by market sentiment after a political figure softened criticism of Federal Reserve leadership and signalled possible tariff easing with China, boosting the dollar index and US equities. Treasury and forex market commentary linked these political signals to dollar strength, modest US bond-yield movement, higher Brent crude futures, and significant foreign institutional equity inflows, producing an expected intraday USD/INR trading range and illustrating the joint influence of policy communication, commodity prices, and capital flows on exchange-rate dynamics. News - Wed, 23 Apr 2025 10:16:03 +0530 https://www.taxtmi.com/news?id=41735