https://www.taxtmi.com/news?id=45139 The rupee depreciated against the US dollar due to a stronger dollar and rising global crude prices, while domestic equity gains and net foreign institutional purchases limited the slide. Analysts cited month end dollar demand and portfolio outflows as further pressure, and noted a projected USD INR trading range. Concurrently, a higher dollar index after a US court decision and rising Brent futures, along with mixed domestic data-Reserve Bank growth outlook versus slowing industrial production-shaped market expectations and liquidity affecting the exchange rate. en-us Thu, 29 May 2025 20:16:04 +0530 Thu, 29 May 2025 20:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45139 The rupee depreciated against the US dollar due to a stronger dollar and rising global crude prices, while domestic equity gains and net foreign institutional purchases limited the slide. Analysts cited month end dollar demand and portfolio outflows as further pressure, and noted a projected USD INR trading range. Concurrently, a higher dollar index after a US court decision and rising Brent futures, along with mixed domestic data-Reserve Bank growth outlook versus slowing industrial production-shaped market expectations and liquidity affecting the exchange rate. News - Thu, 29 May 2025 20:16:04 +0530 https://www.taxtmi.com/news?id=45139