https://www.taxtmi.com/news?id=71568 The rupee weakened to a record low against the US dollar amid high crude prices, sustained foreign portfolio outflows and a widening merchandise trade deficit; the Reserve Bank of India intervened in FX markets to stabilise the currency and limit excessive volatility, while market participants noted domestic equity recovery and imminent international monetary policy decisions as key near term influences on USD INR dynamics. en-us Mon, 16 Mar 2026 16:01:03 +0530 Mon, 16 Mar 2026 16:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71568 The rupee weakened to a record low against the US dollar amid high crude prices, sustained foreign portfolio outflows and a widening merchandise trade deficit; the Reserve Bank of India intervened in FX markets to stabilise the currency and limit excessive volatility, while market participants noted domestic equity recovery and imminent international monetary policy decisions as key near term influences on USD INR dynamics. News - Mon, 16 Mar 2026 16:01:03 +0530 https://www.taxtmi.com/news?id=71568