https://www.taxtmi.com/news?id=46088 The rupee appreciated to 85.66 against the US dollar, supported by positive domestic equities and foreign portfolio inflows, while a central bank rate cut narrowed the interest rate differential with global peers. Rising global crude oil prices limited further gains and created intraday volatility, and analysts flagged upcoming US inflation data as a principal near-term determinant of dollar strength, expecting the USD/INR rate to trade within a range reflecting equity sentiment, FII flows, crude prices, and altered rate dynamics. en-us Mon, 09 Jun 2025 20:31:04 +0530 Mon, 09 Jun 2025 20:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=46088 The rupee appreciated to 85.66 against the US dollar, supported by positive domestic equities and foreign portfolio inflows, while a central bank rate cut narrowed the interest rate differential with global peers. Rising global crude oil prices limited further gains and created intraday volatility, and analysts flagged upcoming US inflation data as a principal near-term determinant of dollar strength, expecting the USD/INR rate to trade within a range reflecting equity sentiment, FII flows, crude prices, and altered rate dynamics. News - Mon, 09 Jun 2025 20:31:04 +0530 https://www.taxtmi.com/news?id=46088