https://www.taxtmi.com/news?id=74410 Foreign exchange market conditions supported a modest early appreciation of the rupee against the US dollar due to relative dollar softness. The gain was limited by elevated crude oil prices, importer demand for dollars, and caution over anticipated sanctions affecting Iranian oil trade, banking networks and shipping routes. Currency markets remained sensitive to geopolitical uncertainty and possible wider trade effects. en-us Mon, 24 Aug 2026 09:46:03 +0530 Mon, 24 Aug 2026 09:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74410 Foreign exchange market conditions supported a modest early appreciation of the rupee against the US dollar due to relative dollar softness. The gain was limited by elevated crude oil prices, importer demand for dollars, and caution over anticipated sanctions affecting Iranian oil trade, banking networks and shipping routes. Currency markets remained sensitive to geopolitical uncertainty and possible wider trade effects. News - Mon, 24 Aug 2026 09:46:03 +0530 https://www.taxtmi.com/news?id=74410