https://www.taxtmi.com/news?id=74132 Foreign exchange market movement saw the rupee appreciate against the US dollar in early trading, supported by lower crude oil prices, a softer dollar index, domestic equity gains and net foreign institutional investment. Market attention centred on the Reserve Bank of India's monetary policy decision, with expectations of an unchanged benchmark repo rate. Policy communication on inflation and developments in Hormuz-related talks were identified as factors that could influence the rupee's direction. en-us Wed, 05 Aug 2026 09:46:04 +0530 Wed, 05 Aug 2026 09:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74132 Foreign exchange market movement saw the rupee appreciate against the US dollar in early trading, supported by lower crude oil prices, a softer dollar index, domestic equity gains and net foreign institutional investment. Market attention centred on the Reserve Bank of India's monetary policy decision, with expectations of an unchanged benchmark repo rate. Policy communication on inflation and developments in Hormuz-related talks were identified as factors that could influence the rupee's direction. News - Wed, 05 Aug 2026 09:46:04 +0530 https://www.taxtmi.com/news?id=74132