https://www.taxtmi.com/news?id=45724 The report describes a near-term weakening of the domestic currency against the US dollar driven by dollar demand from foreign investors and importers and by global risk aversion. Market participants are awaiting the Reserve Bank's monetary policy decision, which is amplifying fragile sentiment. Dollar Index strength, crude oil price movements, and foreign institutional equity inflows are cited as interacting factors influencing exchange-rate pressure, with oil import dependence noted as an amplifying vulnerability. en-us Thu, 05 Jun 2025 10:16:03 +0530 Thu, 05 Jun 2025 10:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45724 The report describes a near-term weakening of the domestic currency against the US dollar driven by dollar demand from foreign investors and importers and by global risk aversion. Market participants are awaiting the Reserve Bank's monetary policy decision, which is amplifying fragile sentiment. Dollar Index strength, crude oil price movements, and foreign institutional equity inflows are cited as interacting factors influencing exchange-rate pressure, with oil import dependence noted as an amplifying vulnerability. News - Thu, 05 Jun 2025 10:16:03 +0530 https://www.taxtmi.com/news?id=45724