https://www.taxtmi.com/news?id=63605 The rupee recovered to 89.96 per US dollar after touching 90.43 intraday, with the rebound attributed to a softer US dollar, reports of Reserve Bank of India intervention and weak US employment data. Continued foreign institutional selling, higher crude prices and trade deal uncertainty maintained downward pressure, while potential RBI action, US macro developments and a weaker dollar could provide support. Sectoral transmission risks include higher import costs for petroleum, electronics and gems and jewellery, which may affect inflationary expectations. en-us Thu, 04 Dec 2025 16:01:05 +0530 Thu, 04 Dec 2025 16:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=63605 The rupee recovered to 89.96 per US dollar after touching 90.43 intraday, with the rebound attributed to a softer US dollar, reports of Reserve Bank of India intervention and weak US employment data. Continued foreign institutional selling, higher crude prices and trade deal uncertainty maintained downward pressure, while potential RBI action, US macro developments and a weaker dollar could provide support. Sectoral transmission risks include higher import costs for petroleum, electronics and gems and jewellery, which may affect inflationary expectations. News - Thu, 04 Dec 2025 16:01:05 +0530 https://www.taxtmi.com/news?id=63605