https://www.taxtmi.com/news?id=72930 The rupee recovered from its all-time closing low to settle stronger against the US dollar, supported by lower crude oil prices, signs of easing geopolitical friction, and reported central bank intervention. Market participants said currency trading continued to reflect geopolitical risk, oil sensitivity, and expectations around the upcoming monetary policy review, while the one-year forward market suggested a weakening bias in the USD/INR outlook over the next 12 months. en-us Thu, 21 May 2026 20:46:04 +0530 Thu, 21 May 2026 20:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72930 The rupee recovered from its all-time closing low to settle stronger against the US dollar, supported by lower crude oil prices, signs of easing geopolitical friction, and reported central bank intervention. Market participants said currency trading continued to reflect geopolitical risk, oil sensitivity, and expectations around the upcoming monetary policy review, while the one-year forward market suggested a weakening bias in the USD/INR outlook over the next 12 months. News - Thu, 21 May 2026 20:46:04 +0530 https://www.taxtmi.com/news?id=72930