https://www.taxtmi.com/news?id=45089 The domestic currency weakened against the US dollar due to a stronger dollar and rising crude prices, with month-end dollar demand and foreign institutional flows adding pressure. Domestic equity gains and foreign inflows limited the decline. A US federal court action lifted the dollar index, while higher Brent crude futures and a slowdown in industrial production also influenced exchange rate sentiment alongside the central bank's growth outlook. en-us Thu, 29 May 2025 16:01:04 +0530 Thu, 29 May 2025 16:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45089 The domestic currency weakened against the US dollar due to a stronger dollar and rising crude prices, with month-end dollar demand and foreign institutional flows adding pressure. Domestic equity gains and foreign inflows limited the decline. A US federal court action lifted the dollar index, while higher Brent crude futures and a slowdown in industrial production also influenced exchange rate sentiment alongside the central bank's growth outlook. News - Thu, 29 May 2025 16:01:04 +0530 https://www.taxtmi.com/news?id=45089