https://www.taxtmi.com/news?id=60326 The rupee closed nearly unchanged at 88.70 per US dollar amid offsetting pressures: a firmer dollar and continued foreign institutional investor selling weighed on the currency, while lower Brent crude prices offered limited relief. Fed commentary raising inflation concerns reduced hopes for rapid rate cuts, dampening sentiment alongside weak domestic equities and stalled US-India trade discussions. Analysts expect the rupee to trade near 88.40-89.10 in the near term. en-us Fri, 31 Oct 2025 20:31:03 +0530 Fri, 31 Oct 2025 20:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=60326 The rupee closed nearly unchanged at 88.70 per US dollar amid offsetting pressures: a firmer dollar and continued foreign institutional investor selling weighed on the currency, while lower Brent crude prices offered limited relief. Fed commentary raising inflation concerns reduced hopes for rapid rate cuts, dampening sentiment alongside weak domestic equities and stalled US-India trade discussions. Analysts expect the rupee to trade near 88.40-89.10 in the near term. News - Fri, 31 Oct 2025 20:31:03 +0530 https://www.taxtmi.com/news?id=60326