https://www.taxtmi.com/news?id=59827 The rupee slipped to 87.95 per US dollar as rising crude prices, supported by optimism over a potential US-China trade deal, pressured the currency; commentary noted technical support below 87.50 and resistance near 88.30-88.40. Concurrently, the dollar index eased, foreign institutional investors continued net equity purchases, and India's forex reserves rose by about USD 4.496 billion to USD 702.28 billion, with traders flagging US sanctions on Russia and geopolitical developments as ongoing influences on energy-market sentiment and exchange-rate movements. en-us Mon, 27 Oct 2025 10:01:02 +0530 Mon, 27 Oct 2025 10:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=59827 The rupee slipped to 87.95 per US dollar as rising crude prices, supported by optimism over a potential US-China trade deal, pressured the currency; commentary noted technical support below 87.50 and resistance near 88.30-88.40. Concurrently, the dollar index eased, foreign institutional investors continued net equity purchases, and India's forex reserves rose by about USD 4.496 billion to USD 702.28 billion, with traders flagging US sanctions on Russia and geopolitical developments as ongoing influences on energy-market sentiment and exchange-rate movements. News - Mon, 27 Oct 2025 10:01:02 +0530 https://www.taxtmi.com/news?id=59827