https://www.taxtmi.com/news?id=70294 The Reserve Bank's decision to maintain the repo rate at 5.25 per cent initially supported the rupee, but geopolitical uncertainty over US-Iran talks, a sharp rise in global crude oil prices, and net selling by foreign institutional investors combined to drive the currency down to settle at 90.70 against the US dollar, with market analysts projecting a near-term USD-INR trading range around 90.40-91.20. en-us Fri, 06 Feb 2026 16:01:04 +0530 Fri, 06 Feb 2026 16:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=70294 The Reserve Bank's decision to maintain the repo rate at 5.25 per cent initially supported the rupee, but geopolitical uncertainty over US-Iran talks, a sharp rise in global crude oil prices, and net selling by foreign institutional investors combined to drive the currency down to settle at 90.70 against the US dollar, with market analysts projecting a near-term USD-INR trading range around 90.40-91.20. News - Fri, 06 Feb 2026 16:01:04 +0530 https://www.taxtmi.com/news?id=70294