https://www.taxtmi.com/news?id=44103 Rupee strengthened against the US dollar as a softer dollar-prompted by a major credit rating downgrade and weak US data-and lower crude oil prices supported appreciation; analysts set short term USD INR support and resistance ranges while warning that sustained oil prices could increase dollar demand and strain the trade balance. Weekly forex reserves rose significantly, and domestic equities fell despite foreign institutional inflows. en-us Mon, 19 May 2025 20:31:04 +0530 Mon, 19 May 2025 20:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=44103 Rupee strengthened against the US dollar as a softer dollar-prompted by a major credit rating downgrade and weak US data-and lower crude oil prices supported appreciation; analysts set short term USD INR support and resistance ranges while warning that sustained oil prices could increase dollar demand and strain the trade balance. Weekly forex reserves rose significantly, and domestic equities fell despite foreign institutional inflows. News - Mon, 19 May 2025 20:31:04 +0530 https://www.taxtmi.com/news?id=44103