https://www.taxtmi.com/news?id=67389 The rupee closed at 90.34 against the US dollar after initial gains were negated by a strong dollar, foreign institutional outflows and elevated crude prices. Potential central bank intervention and rising odds of a rate cut amid softening inflation could support the currency, but global risk aversion and geopolitical tensions are likely to keep downward pressure. Key trading metrics include an intra-day range of 89.94-90.38 and an expected spot range of 89.95-90.50, alongside notable equity sell-offs by foreign investors. en-us Wed, 14 Jan 2026 20:31:03 +0530 Wed, 14 Jan 2026 20:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=67389 The rupee closed at 90.34 against the US dollar after initial gains were negated by a strong dollar, foreign institutional outflows and elevated crude prices. Potential central bank intervention and rising odds of a rate cut amid softening inflation could support the currency, but global risk aversion and geopolitical tensions are likely to keep downward pressure. Key trading metrics include an intra-day range of 89.94-90.38 and an expected spot range of 89.95-90.50, alongside notable equity sell-offs by foreign investors. News - Wed, 14 Jan 2026 20:31:03 +0530 https://www.taxtmi.com/news?id=67389