https://www.taxtmi.com/news?id=71428 Rupee depreciation to 91.82 was driven by rising crude prices, Middle East geopolitical tensions, foreign fund outflows and weak domestic equities; the US allowance for limited Russian oil purchases provided temporary relief. Rating commentary highlighted risks of higher inflation and a wider current account deficit if energy prices remain elevated. Analysts signalled that sustained oil-price spikes could compel stronger central bank intervention in spot and offshore non-deliverable forward markets to contain volatility. en-us Fri, 06 Mar 2026 20:31:03 +0530 Fri, 06 Mar 2026 20:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71428 Rupee depreciation to 91.82 was driven by rising crude prices, Middle East geopolitical tensions, foreign fund outflows and weak domestic equities; the US allowance for limited Russian oil purchases provided temporary relief. Rating commentary highlighted risks of higher inflation and a wider current account deficit if energy prices remain elevated. Analysts signalled that sustained oil-price spikes could compel stronger central bank intervention in spot and offshore non-deliverable forward markets to contain volatility. News - Fri, 06 Mar 2026 20:31:03 +0530 https://www.taxtmi.com/news?id=71428