https://www.taxtmi.com/news?id=62418 The rupee's record depreciation was driven chiefly by acute domestic dollar demand, equity selling and foreign outflows, while major global indicators stayed broadly steady, signalling a domestically concentrated move. Trade uncertainty-including tariff concerns and stalled India US negotiations-was identified as increasing current account risk, and the central bank stated it does not target an exchange rate level, attributing depreciation to market demand dynamics rather than policy intervention. en-us Fri, 21 Nov 2025 21:16:03 +0530 Fri, 21 Nov 2025 21:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=62418 The rupee's record depreciation was driven chiefly by acute domestic dollar demand, equity selling and foreign outflows, while major global indicators stayed broadly steady, signalling a domestically concentrated move. Trade uncertainty-including tariff concerns and stalled India US negotiations-was identified as increasing current account risk, and the central bank stated it does not target an exchange rate level, attributing depreciation to market demand dynamics rather than policy intervention. News - Fri, 21 Nov 2025 21:16:03 +0530 https://www.taxtmi.com/news?id=62418