https://www.taxtmi.com/news?id=43183 Rupee depreciation accelerated after Indian military strikes increased cross-border tensions, driving intra-day volatility and a lower close. Analysts linked downward pressure to geopolitical uncertainty, a stronger dollar index, and persistent dollar demand from oil importers and hedgers, while noting that foreign institutional inflows and a weaker dollar could support the currency; crude price movements and tensions may cap sharp gains. en-us Wed, 07 May 2025 20:16:03 +0530 Wed, 07 May 2025 20:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43183 Rupee depreciation accelerated after Indian military strikes increased cross-border tensions, driving intra-day volatility and a lower close. Analysts linked downward pressure to geopolitical uncertainty, a stronger dollar index, and persistent dollar demand from oil importers and hedgers, while noting that foreign institutional inflows and a weaker dollar could support the currency; crude price movements and tensions may cap sharp gains. News - Wed, 07 May 2025 20:16:03 +0530 https://www.taxtmi.com/news?id=43183