https://www.taxtmi.com/news?id=58684 RBI intervention was suspected as the rupee appreciated four paise to 88.68 against the US dollar, driven by central bank support, advancing India US trade negotiations, and market responses to US China tariff tensions; CPI data and prospective US monetary easing were noted as near term influences while the dollar index, higher crude, equity declines, FII selling, and a drop in forex reserves complemented exchange rate movements under the FEMA/RBI policy context. en-us Mon, 13 Oct 2025 20:31:03 +0530 Mon, 13 Oct 2025 20:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=58684 RBI intervention was suspected as the rupee appreciated four paise to 88.68 against the US dollar, driven by central bank support, advancing India US trade negotiations, and market responses to US China tariff tensions; CPI data and prospective US monetary easing were noted as near term influences while the dollar index, higher crude, equity declines, FII selling, and a drop in forex reserves complemented exchange rate movements under the FEMA/RBI policy context. News - Mon, 13 Oct 2025 20:31:03 +0530 https://www.taxtmi.com/news?id=58684