https://www.taxtmi.com/news?id=64917 The rupee fell to a record low, blamed by the government on a widening trade deficit and India-US trade deal uncertainty; the exchange rate is described as market determined while the Reserve Bank of India regularly monitors the market and intervenes against excess volatility. Officials note depreciation can boost export competitiveness but may raise import prices depending on pass through; market commentary warns of further declines toward 92 per dollar amid FPI outflows and capital account weakness, despite lower oil prices and a softer dollar. en-us Tue, 16 Dec 2025 20:46:03 +0530 Tue, 16 Dec 2025 20:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=64917 The rupee fell to a record low, blamed by the government on a widening trade deficit and India-US trade deal uncertainty; the exchange rate is described as market determined while the Reserve Bank of India regularly monitors the market and intervenes against excess volatility. Officials note depreciation can boost export competitiveness but may raise import prices depending on pass through; market commentary warns of further declines toward 92 per dollar amid FPI outflows and capital account weakness, despite lower oil prices and a softer dollar. News - Tue, 16 Dec 2025 20:46:03 +0530 https://www.taxtmi.com/news?id=64917