https://www.taxtmi.com/news?id=72013 The rupee fell sharply against the US dollar in FY26 because of foreign fund outflows, high crude prices, global dollar strength, tariff pressure, geopolitical tensions, and volatile markets. The Reserve Bank of India intervened by selling dollars and later introduced a measure requiring banks to limit net open positions in the onshore currency market to curb excessive speculation and reduce one-sided bets against the rupee. en-us Mon, 30 Mar 2026 19:31:03 +0530 Mon, 30 Mar 2026 19:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72013 The rupee fell sharply against the US dollar in FY26 because of foreign fund outflows, high crude prices, global dollar strength, tariff pressure, geopolitical tensions, and volatile markets. The Reserve Bank of India intervened by selling dollars and later introduced a measure requiring banks to limit net open positions in the onshore currency market to curb excessive speculation and reduce one-sided bets against the rupee. News - Mon, 30 Mar 2026 19:31:03 +0530 https://www.taxtmi.com/news?id=72013