https://www.taxtmi.com/news?id=46882 The rupee traded narrowly against the US dollar but remained pressured by risk-off sentiment, Middle East geopolitical tensions and rising crude oil prices; strong dollar demand from oil importers and a broken near-term resistance were flagged as likely to push the currency toward weaker levels while immediate support may limit declines. The report links higher oil to trade deficit and inflationary pressures, noting a softer dollar index alongside net foreign institutional equity purchases. en-us Wed, 18 Jun 2025 10:01:03 +0530 Wed, 18 Jun 2025 10:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=46882 The rupee traded narrowly against the US dollar but remained pressured by risk-off sentiment, Middle East geopolitical tensions and rising crude oil prices; strong dollar demand from oil importers and a broken near-term resistance were flagged as likely to push the currency toward weaker levels while immediate support may limit declines. The report links higher oil to trade deficit and inflationary pressures, noting a softer dollar index alongside net foreign institutional equity purchases. News - Wed, 18 Jun 2025 10:01:03 +0530 https://www.taxtmi.com/news?id=46882