https://www.taxtmi.com/news?id=73672 The rupee weakened in early trade against the US dollar, opening lower and trading at 95.28 after a decline of 10 paise, as broad dollar strength in overseas markets weighed on the currency. Market participants said the central bank is likely to use fresh foreign inflows to rebuild reserves rather than allow excessive appreciation. India's foreign exchange reserves also declined in the latest weekly reporting period after earlier pressure on the rupee had led to intervention through dollar sales. en-us Mon, 06 Jul 2026 10:01:06 +0530 Mon, 06 Jul 2026 10:01:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73672 The rupee weakened in early trade against the US dollar, opening lower and trading at 95.28 after a decline of 10 paise, as broad dollar strength in overseas markets weighed on the currency. Market participants said the central bank is likely to use fresh foreign inflows to rebuild reserves rather than allow excessive appreciation. India's foreign exchange reserves also declined in the latest weekly reporting period after earlier pressure on the rupee had led to intervention through dollar sales. News - Mon, 06 Jul 2026 10:01:06 +0530 https://www.taxtmi.com/news?id=73672