https://www.taxtmi.com/news?id=72920 The rupee recovered from its record low against the US dollar after crude oil prices eased and signs of softer geopolitical friction emerged, with traders also citing likely central bank intervention. Market participants said forward pricing still reflected a weakening bias for the currency over the next 12 months, while attention remained on geopolitical developments and the upcoming monetary policy review. en-us Thu, 21 May 2026 16:31:04 +0530 Thu, 21 May 2026 16:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72920 The rupee recovered from its record low against the US dollar after crude oil prices eased and signs of softer geopolitical friction emerged, with traders also citing likely central bank intervention. Market participants said forward pricing still reflected a weakening bias for the currency over the next 12 months, while attention remained on geopolitical developments and the upcoming monetary policy review. News - Thu, 21 May 2026 16:31:04 +0530 https://www.taxtmi.com/news?id=72920