https://www.taxtmi.com/news?id=48650 The rupee depreciated notably as rising global crude oil prices and a stronger US dollar increased import-related dollar demand, while sustained buying by oil companies and importers and net equity selling by foreign institutional investors compounded selling pressure. Market concerns over potential additional US trade tariffs further triggered capital outflows, and contemporaneous rises in the dollar index and Brent crude futures coincided with the currency's wider trading range and weaker settlement. en-us Mon, 07 Jul 2025 16:01:04 +0530 Mon, 07 Jul 2025 16:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48650 The rupee depreciated notably as rising global crude oil prices and a stronger US dollar increased import-related dollar demand, while sustained buying by oil companies and importers and net equity selling by foreign institutional investors compounded selling pressure. Market concerns over potential additional US trade tariffs further triggered capital outflows, and contemporaneous rises in the dollar index and Brent crude futures coincided with the currency's wider trading range and weaker settlement. News - Mon, 07 Jul 2025 16:01:04 +0530 https://www.taxtmi.com/news?id=48650