https://www.taxtmi.com/news?id=45660 The domestic currency weakened for a second session owing to risk-averse sentiment and foreign fund outflows, with elevated crude oil prices and geopolitical tensions adding pressure. Anticipation of central bank repo rate cuts influenced market pricing, while equity volatility and significant foreign institutional selling accompanied the depreciation; domestic services PMI remained robust but did not counteract capital flow-driven currency weakness. en-us Wed, 04 Jun 2025 16:16:03 +0530 Wed, 04 Jun 2025 16:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45660 The domestic currency weakened for a second session owing to risk-averse sentiment and foreign fund outflows, with elevated crude oil prices and geopolitical tensions adding pressure. Anticipation of central bank repo rate cuts influenced market pricing, while equity volatility and significant foreign institutional selling accompanied the depreciation; domestic services PMI remained robust but did not counteract capital flow-driven currency weakness. News - Wed, 04 Jun 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=45660