https://www.taxtmi.com/news?id=42023 The rupee weakened amid geopolitical tension and domestic equity weakness, with analysts citing support near the 200 day moving average and warning of a negative bias offset by persistent FII inflows and a softer dollar. Market indicators included a firmer dollar index, falling Brent futures, strong FII net purchases and a rise in RBI foreign exchange reserves. Commentary also noted that prospective bilateral trade talks with the US and a temporary pause on a reciprocal tariff-under current lower tariff treatment-could influence currency and investor sentiment. en-us Fri, 25 Apr 2025 20:46:04 +0530 Fri, 25 Apr 2025 20:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=42023 The rupee weakened amid geopolitical tension and domestic equity weakness, with analysts citing support near the 200 day moving average and warning of a negative bias offset by persistent FII inflows and a softer dollar. Market indicators included a firmer dollar index, falling Brent futures, strong FII net purchases and a rise in RBI foreign exchange reserves. Commentary also noted that prospective bilateral trade talks with the US and a temporary pause on a reciprocal tariff-under current lower tariff treatment-could influence currency and investor sentiment. News - Fri, 25 Apr 2025 20:46:04 +0530 https://www.taxtmi.com/news?id=42023