https://www.taxtmi.com/news?id=72735 Foreign exchange market pressure pushed the rupee to a record closing low against the US dollar amid a stronger greenback, rising crude oil prices, and heavy foreign capital outflows. Geopolitical tensions in West Asia, domestic appeals to reduce spending on fuel, gold, and foreign travel, and weakness in domestic equities all added to market volatility and pressure on the local currency. en-us Mon, 11 May 2026 20:46:09 +0530 Mon, 11 May 2026 20:46:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72735 Foreign exchange market pressure pushed the rupee to a record closing low against the US dollar amid a stronger greenback, rising crude oil prices, and heavy foreign capital outflows. Geopolitical tensions in West Asia, domestic appeals to reduce spending on fuel, gold, and foreign travel, and weakness in domestic equities all added to market volatility and pressure on the local currency. News - Mon, 11 May 2026 20:46:09 +0530 https://www.taxtmi.com/news?id=72735