https://www.taxtmi.com/news?id=48929 The rupee closed effectively unchanged against the US dollar, driven by a firm global dollar, continued foreign capital outflows, and near-term crude oil price pressure. Limited intraday volatility left the currency stabilised close to its prior close, with analysts attributing modest support to ongoing trade negotiations and tariff delay extensions. Concurrent declines in domestic equity indices and net equity selling by foreign institutional investors illustrate cross-market sentiment transmission and underpin expectations of a constrained short-term trading range. en-us Wed, 09 Jul 2025 20:31:03 +0530 Wed, 09 Jul 2025 20:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48929 The rupee closed effectively unchanged against the US dollar, driven by a firm global dollar, continued foreign capital outflows, and near-term crude oil price pressure. Limited intraday volatility left the currency stabilised close to its prior close, with analysts attributing modest support to ongoing trade negotiations and tariff delay extensions. Concurrent declines in domestic equity indices and net equity selling by foreign institutional investors illustrate cross-market sentiment transmission and underpin expectations of a constrained short-term trading range. News - Wed, 09 Jul 2025 20:31:03 +0530 https://www.taxtmi.com/news?id=48929