https://www.taxtmi.com/news?id=73984 Foreign exchange market conditions saw the rupee recover against the US dollar amid reports of Reserve Bank of India intervention and dollar sales by public-sector banks to limit further depreciation. Foreign institutional investor outflows, weak domestic equity sentiment, geopolitical tensions, and elevated crude oil prices continued to pressure the currency. A decline in crude prices, diplomatic engagement, and central-bank intervention were identified as potential stabilising factors. en-us Fri, 24 Jul 2026 21:01:04 +0530 Fri, 24 Jul 2026 21:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73984 Foreign exchange market conditions saw the rupee recover against the US dollar amid reports of Reserve Bank of India intervention and dollar sales by public-sector banks to limit further depreciation. Foreign institutional investor outflows, weak domestic equity sentiment, geopolitical tensions, and elevated crude oil prices continued to pressure the currency. A decline in crude prices, diplomatic engagement, and central-bank intervention were identified as potential stabilising factors. News - Fri, 24 Jul 2026 21:01:04 +0530 https://www.taxtmi.com/news?id=73984