https://www.taxtmi.com/news?id=58122 Rupee strengthened two paise to 88.75 per US dollar in early trade amid positive domestic equity movement and tentative IPO-related inflows, but remained under pressure from continued capital outflows and geopolitical developments. Dealers signalled the currency could test the 88.80 level unless the central bank intervenes, and expected an intraday range of 88.50-89.00. Market support came from net foreign institutional equity purchases and firmer domestic indices, while a stronger dollar index and higher Brent crude added offsetting pressure. Ongoing India-US trade discussions were noted as a background influence on market sentiment. en-us Wed, 08 Oct 2025 10:01:03 +0530 Wed, 08 Oct 2025 10:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=58122 Rupee strengthened two paise to 88.75 per US dollar in early trade amid positive domestic equity movement and tentative IPO-related inflows, but remained under pressure from continued capital outflows and geopolitical developments. Dealers signalled the currency could test the 88.80 level unless the central bank intervenes, and expected an intraday range of 88.50-89.00. Market support came from net foreign institutional equity purchases and firmer domestic indices, while a stronger dollar index and higher Brent crude added offsetting pressure. Ongoing India-US trade discussions were noted as a background influence on market sentiment. News - Wed, 08 Oct 2025 10:01:03 +0530 https://www.taxtmi.com/news?id=58122