Rupee recovers 55 paise from all-time low level to close at 90.38 against US dollar https://www.taxtmi.com/news?id=65011 The rupee rebounded to 90.38 after volatile trading, with the recovery attributed to suspected central bank intervention and external pressures-capital outflows, foreign portfolio investor selling, non-deliverable forward maturities and US-India trade tensions-while crude oil provided intermittent support; the RBI is said to focus on curbing volatility rather than defending a specific exchange rate, and a concluded trade deal plus improved capital flows could prompt relative appreciation. en-us Wed, 17 Dec 2025 16:16:03 +0530 Wed, 17 Dec 2025 16:16:04 +0530 TaxTMI RSS Generator Rupee recovers 55 paise from all-time low level to close at 90.38 against US dollar https://www.taxtmi.com/news?id=65011 The rupee rebounded to 90.38 after volatile trading, with the recovery attributed to suspected central bank intervention and external pressures-capital outflows, foreign portfolio investor selling, non-deliverable forward maturities and US-India trade tensions-while crude oil provided intermittent support; the RBI is said to focus on curbing volatility rather than defending a specific exchange rate, and a concluded trade deal plus improved capital flows could prompt relative appreciation. News - Wed, 17 Dec 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=65011