https://www.taxtmi.com/news?id=73903 Foreign-exchange market movement saw the rupee depreciate against the US dollar amid global risk aversion, higher crude oil prices, geopolitical tensions, and rising US Treasury yields. Reserve Bank of India intervention was identified as a potential support mechanism capable of limiting downside pressure. Higher dollar-index levels, domestic equity-market movements, foreign institutional equity outflows, and an increase in India's foreign-exchange reserves were also noted as relevant market conditions. en-us Mon, 20 Jul 2026 16:01:06 +0530 Mon, 20 Jul 2026 16:01:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73903 Foreign-exchange market movement saw the rupee depreciate against the US dollar amid global risk aversion, higher crude oil prices, geopolitical tensions, and rising US Treasury yields. Reserve Bank of India intervention was identified as a potential support mechanism capable of limiting downside pressure. Higher dollar-index levels, domestic equity-market movements, foreign institutional equity outflows, and an increase in India's foreign-exchange reserves were also noted as relevant market conditions. News - Mon, 20 Jul 2026 16:01:06 +0530 https://www.taxtmi.com/news?id=73903