https://www.taxtmi.com/news?id=71600 Sharp currency depreciation against the US dollar, driven by rising crude prices and continued foreign institutional investor outflows, has tightened external balances and coincided with rising wholesale inflation. The central bank may deploy market-stabilising tools-including forex intervention and reserve management-while monitoring international monetary policy and domestic macro indicators to calibrate responses and guide short-term USD-INR trading ranges. en-us Tue, 17 Mar 2026 16:01:04 +0530 Tue, 17 Mar 2026 16:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71600 Sharp currency depreciation against the US dollar, driven by rising crude prices and continued foreign institutional investor outflows, has tightened external balances and coincided with rising wholesale inflation. The central bank may deploy market-stabilising tools-including forex intervention and reserve management-while monitoring international monetary policy and domestic macro indicators to calibrate responses and guide short-term USD-INR trading ranges. News - Tue, 17 Mar 2026 16:01:04 +0530 https://www.taxtmi.com/news?id=71600