https://www.taxtmi.com/news?id=44433 Indian rupee weakened against the US dollar due to importer and foreign bank dollar demand, rising US bond yields and a narrowing India-US yield differential reducing the attractiveness of Indian assets; elevated crude oil prices and technical breach-driven short-position unwinding, plus risk aversion and carry-trade flows, further pressured the currency, with 86.11 marked as a key threshold and 85.60 as prospective support. en-us Thu, 22 May 2025 16:16:04 +0530 Thu, 22 May 2025 16:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=44433 Indian rupee weakened against the US dollar due to importer and foreign bank dollar demand, rising US bond yields and a narrowing India-US yield differential reducing the attractiveness of Indian assets; elevated crude oil prices and technical breach-driven short-position unwinding, plus risk aversion and carry-trade flows, further pressured the currency, with 86.11 marked as a key threshold and 85.60 as prospective support. News - Thu, 22 May 2025 16:16:04 +0530 https://www.taxtmi.com/news?id=44433