https://www.taxtmi.com/news?id=72774 The rupee weakened to a record low against the US dollar amid pressure from elevated crude oil prices, West Asia geopolitical tensions, and a strong dollar, while traders said possible RBI intervention and reduced gold imports helped limit further depreciation. The government raised import tariffs on gold and silver to curb overseas purchases and ease pressure on foreign exchange reserves, alongside a call to avoid gold purchases to conserve foreign exchange. en-us Wed, 13 May 2026 16:31:03 +0530 Wed, 13 May 2026 16:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72774 The rupee weakened to a record low against the US dollar amid pressure from elevated crude oil prices, West Asia geopolitical tensions, and a strong dollar, while traders said possible RBI intervention and reduced gold imports helped limit further depreciation. The government raised import tariffs on gold and silver to curb overseas purchases and ease pressure on foreign exchange reserves, alongside a call to avoid gold purchases to conserve foreign exchange. News - Wed, 13 May 2026 16:31:03 +0530 https://www.taxtmi.com/news?id=72774