https://www.taxtmi.com/news?id=42155 Rupee appreciation is driven by stronger domestic fundamentals-rising foreign exchange reserves and healthy capital inflows-that enhance import cover and support the currency, with analyst-identified technical support levels for USD/INR. However, geopolitical tensions and global risk aversion present downside risks that could prompt capital outflows and limit further appreciation, while contemporaneous indicators like the dollar index, oil futures, equity gains, and net foreign investment flows influence near-term currency dynamics. en-us Mon, 28 Apr 2025 10:01:04 +0530 Mon, 28 Apr 2025 10:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=42155 Rupee appreciation is driven by stronger domestic fundamentals-rising foreign exchange reserves and healthy capital inflows-that enhance import cover and support the currency, with analyst-identified technical support levels for USD/INR. However, geopolitical tensions and global risk aversion present downside risks that could prompt capital outflows and limit further appreciation, while contemporaneous indicators like the dollar index, oil futures, equity gains, and net foreign investment flows influence near-term currency dynamics. News - Mon, 28 Apr 2025 10:01:04 +0530 https://www.taxtmi.com/news?id=42155