https://www.taxtmi.com/news?id=49519 The national currency modestly appreciated against the US dollar due to a softer dollar and lower global crude prices, while foreign fund outflows and uncertainty over ongoing bilateral trade negotiations constrained larger gains. Monetary authorities actively defended a near-threshold exchange-rate level, affecting opening values and intraday movements. Concurrent market indicators-narrow interbank trading range, easing oil benchmark and dollar index, rising domestic equity indices, steady exports with an ongoing merchandise trade deficit, and net purchases by foreign institutional investors-collectively influenced the currency's performance. en-us Tue, 15 Jul 2025 20:31:04 +0530 Tue, 15 Jul 2025 20:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=49519 The national currency modestly appreciated against the US dollar due to a softer dollar and lower global crude prices, while foreign fund outflows and uncertainty over ongoing bilateral trade negotiations constrained larger gains. Monetary authorities actively defended a near-threshold exchange-rate level, affecting opening values and intraday movements. Concurrent market indicators-narrow interbank trading range, easing oil benchmark and dollar index, rising domestic equity indices, steady exports with an ongoing merchandise trade deficit, and net purchases by foreign institutional investors-collectively influenced the currency's performance. News - Tue, 15 Jul 2025 20:31:04 +0530 https://www.taxtmi.com/news?id=49519