https://www.taxtmi.com/news?id=52517 The domestic currency weakened against the US dollar due to importers' dollar demand, higher crude prices and foreign fund outflows, while equity markets saw net foreign selling. A sovereign credit rating upgrade with a stable outlook was noted as likely to lower international borrowing costs; the rating agency assessed that even a substantial US tariff on exports would be a manageable drag given the economy's reliance on domestic consumption, moderating expected growth transmission from trade-policy shocks. en-us Thu, 14 Aug 2025 16:01:04 +0530 Thu, 14 Aug 2025 16:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52517 The domestic currency weakened against the US dollar due to importers' dollar demand, higher crude prices and foreign fund outflows, while equity markets saw net foreign selling. A sovereign credit rating upgrade with a stable outlook was noted as likely to lower international borrowing costs; the rating agency assessed that even a substantial US tariff on exports would be a manageable drag given the economy's reliance on domestic consumption, moderating expected growth transmission from trade-policy shocks. News - Thu, 14 Aug 2025 16:01:04 +0530 https://www.taxtmi.com/news?id=52517