https://www.taxtmi.com/news?id=73290 The rupee weakened in early trade against the US dollar amid higher global crude oil prices, continued hostilities between the US and Iran, heavy foreign institutional investor outflows, and a soft domestic equity market. The local currency was also weighed down by a marginally stronger dollar index and remained sensitive to risk sentiment and external macroeconomic cues. RBI-linked dollar selling had earlier supported the rupee, while intervention was likely aimed at curbing excessive volatility and preventing a sharper slide. en-us Thu, 11 Jun 2026 10:01:02 +0530 Thu, 11 Jun 2026 10:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73290 The rupee weakened in early trade against the US dollar amid higher global crude oil prices, continued hostilities between the US and Iran, heavy foreign institutional investor outflows, and a soft domestic equity market. The local currency was also weighed down by a marginally stronger dollar index and remained sensitive to risk sentiment and external macroeconomic cues. RBI-linked dollar selling had earlier supported the rupee, while intervention was likely aimed at curbing excessive volatility and preventing a sharper slide. News - Thu, 11 Jun 2026 10:01:02 +0530 https://www.taxtmi.com/news?id=73290