https://www.taxtmi.com/news?id=65232 The rupee strengthened to 89.96 per US dollar in early trade, supported by corporate dollar inflows, easing crude oil prices and likely Reserve Bank intervention. Market movements showed intra day swings and a recent breach of 91.00, while foreign institutional investor purchases and broader indicators-dollar index, Brent crude and domestic equities-framed the exchange rate dynamics. Commentary highlighted the RBI's use of foreign exchange reserves to curb excessive volatility and positioned the currency's weakness within historic patterns during growth phases under the FEMA/RBI policy framework. en-us Fri, 19 Dec 2025 10:01:02 +0530 Fri, 19 Dec 2025 10:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=65232 The rupee strengthened to 89.96 per US dollar in early trade, supported by corporate dollar inflows, easing crude oil prices and likely Reserve Bank intervention. Market movements showed intra day swings and a recent breach of 91.00, while foreign institutional investor purchases and broader indicators-dollar index, Brent crude and domestic equities-framed the exchange rate dynamics. Commentary highlighted the RBI's use of foreign exchange reserves to curb excessive volatility and positioned the currency's weakness within historic patterns during growth phases under the FEMA/RBI policy framework. News - Fri, 19 Dec 2025 10:01:02 +0530 https://www.taxtmi.com/news?id=65232