https://www.taxtmi.com/news?id=74193 Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves. en-us Fri, 07 Aug 2026 20:46:05 +0530 Fri, 07 Aug 2026 20:46:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74193 Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves. News - Fri, 07 Aug 2026 20:46:05 +0530 https://www.taxtmi.com/news?id=74193