https://www.taxtmi.com/news?id=74214 The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period. en-us Mon, 10 Aug 2026 16:01:04 +0530 Mon, 10 Aug 2026 16:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74214 The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period. News - Mon, 10 Aug 2026 16:01:04 +0530 https://www.taxtmi.com/news?id=74214