https://www.taxtmi.com/news?id=73064 The rupee strengthened against the US dollar on improved market sentiment after optimism over a US-Iran ceasefire extension, lower crude oil prices and a softer dollar. Market participants also noted suspected central bank support, while attention shifted to the upcoming RBI Monetary Policy Committee meeting and its balance between currency stability and inflation management. Broader market conditions showed equity weakness, net foreign institutional selling and a decline in India's foreign exchange reserves. en-us Fri, 29 May 2026 20:46:03 +0530 Fri, 29 May 2026 20:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73064 The rupee strengthened against the US dollar on improved market sentiment after optimism over a US-Iran ceasefire extension, lower crude oil prices and a softer dollar. Market participants also noted suspected central bank support, while attention shifted to the upcoming RBI Monetary Policy Committee meeting and its balance between currency stability and inflation management. Broader market conditions showed equity weakness, net foreign institutional selling and a decline in India's foreign exchange reserves. News - Fri, 29 May 2026 20:46:03 +0530 https://www.taxtmi.com/news?id=73064