https://www.taxtmi.com/news?id=46482 The local currency weakened markedly against the US dollar driven by a spike in global oil prices, a firmer dollar amid geopolitical tensions, heavy foreign institutional investor outflows and a weak equity open; analysts advised exporters to sell receivables and importers to await reduced volatility while anticipating central bank intervention to curb disorderly movements. en-us Fri, 13 Jun 2025 10:16:02 +0530 Fri, 13 Jun 2025 10:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=46482 The local currency weakened markedly against the US dollar driven by a spike in global oil prices, a firmer dollar amid geopolitical tensions, heavy foreign institutional investor outflows and a weak equity open; analysts advised exporters to sell receivables and importers to await reduced volatility while anticipating central bank intervention to curb disorderly movements. News - Fri, 13 Jun 2025 10:16:02 +0530 https://www.taxtmi.com/news?id=46482