https://www.taxtmi.com/news?id=50962 Uncertainty over a bilateral trade arrangement and prospective tariff announcements led to a sharp rupee depreciation, driven by importer dollar demand, foreign portfolio outflows, rising oil prices and investor caution ahead of central-bank decisions. The absence of an interim trade deal or extension of tariff suspension would expose exporters to higher applied duties and intensify competitiveness and balance-of-payments pressures, while negotiation developments and macroeconomic triggers remain key determinants of near-term exchange-rate volatility and trading ranges. en-us Wed, 30 Jul 2025 16:01:04 +0530 Wed, 30 Jul 2025 16:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50962 Uncertainty over a bilateral trade arrangement and prospective tariff announcements led to a sharp rupee depreciation, driven by importer dollar demand, foreign portfolio outflows, rising oil prices and investor caution ahead of central-bank decisions. The absence of an interim trade deal or extension of tariff suspension would expose exporters to higher applied duties and intensify competitiveness and balance-of-payments pressures, while negotiation developments and macroeconomic triggers remain key determinants of near-term exchange-rate volatility and trading ranges. News - Wed, 30 Jul 2025 16:01:04 +0530 https://www.taxtmi.com/news?id=50962