https://www.taxtmi.com/news?id=73954 Foreign-exchange market movement saw the rupee depreciate against the US dollar amid elevated crude oil prices linked to heightened West Asia hostilities. Weak domestic equity markets and foreign investor equity outflows contributed to negative sentiment. Market commentary indicated that prospective Reserve Bank of India intervention supported the rupee and could limit sharper depreciation, while shipping-security concerns contributed to elevated oil prices. en-us Thu, 23 Jul 2026 16:01:04 +0530 Thu, 23 Jul 2026 16:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73954 Foreign-exchange market movement saw the rupee depreciate against the US dollar amid elevated crude oil prices linked to heightened West Asia hostilities. Weak domestic equity markets and foreign investor equity outflows contributed to negative sentiment. Market commentary indicated that prospective Reserve Bank of India intervention supported the rupee and could limit sharper depreciation, while shipping-security concerns contributed to elevated oil prices. News - Thu, 23 Jul 2026 16:01:04 +0530 https://www.taxtmi.com/news?id=73954