https://www.taxtmi.com/news?id=73343 The rupee strengthened in early interbank trade on the back of softer global crude prices, a weaker US dollar and firm domestic equity markets. Forex traders linked the appreciation to easing energy market pressure after the US and Iran finalised a peace deal expected to reopen the Strait of Hormuz and reduce global oil supply disruption concerns. Market commentary suggested an appreciating bias, while the broader context also noted net foreign institutional selling and a decline in India's forex reserves reported by the RBI. en-us Mon, 15 Jun 2026 10:01:04 +0530 Mon, 15 Jun 2026 10:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73343 The rupee strengthened in early interbank trade on the back of softer global crude prices, a weaker US dollar and firm domestic equity markets. Forex traders linked the appreciation to easing energy market pressure after the US and Iran finalised a peace deal expected to reopen the Strait of Hormuz and reduce global oil supply disruption concerns. Market commentary suggested an appreciating bias, while the broader context also noted net foreign institutional selling and a decline in India's forex reserves reported by the RBI. News - Mon, 15 Jun 2026 10:01:04 +0530 https://www.taxtmi.com/news?id=73343