https://www.taxtmi.com/news?id=68172 The currency reached a record low of 91.65 against the US dollar due to persistent foreign capital outflows, geopolitical tensions, and negative domestic market trends; equity sell offs and delayed trade negotiations with the US worsened investor sentiment. Although central bank foreign exchange reserves and intermittent interventions have provided mitigation, they have struggled to stop aggressive depreciation, leaving the currency vulnerable to ongoing external shocks while potentially improving export competitiveness via real effective exchange rate adjustment. en-us Wed, 21 Jan 2026 21:01:04 +0530 Wed, 21 Jan 2026 21:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=68172 The currency reached a record low of 91.65 against the US dollar due to persistent foreign capital outflows, geopolitical tensions, and negative domestic market trends; equity sell offs and delayed trade negotiations with the US worsened investor sentiment. Although central bank foreign exchange reserves and intermittent interventions have provided mitigation, they have struggled to stop aggressive depreciation, leaving the currency vulnerable to ongoing external shocks while potentially improving export competitiveness via real effective exchange rate adjustment. News - Wed, 21 Jan 2026 21:01:04 +0530 https://www.taxtmi.com/news?id=68172