https://www.taxtmi.com/news?id=74723 Rupee depreciation against the US dollar was linked to Brent crude prices exceeding USD 100, persistent dollar demand and concern over India's import bill. India's substantial dependence on crude imports makes sustained oil-price increases a source of pressure on the import bill, current account and rupee. FCNR-related dollar inflows have largely faded, while movement above the 95 USD/INR level generated additional dollar demand and was viewed as technically significant. en-us Thu, 10 Sep 2026 10:01:03 +0530 Thu, 10 Sep 2026 10:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74723 Rupee depreciation against the US dollar was linked to Brent crude prices exceeding USD 100, persistent dollar demand and concern over India's import bill. India's substantial dependence on crude imports makes sustained oil-price increases a source of pressure on the import bill, current account and rupee. FCNR-related dollar inflows have largely faded, while movement above the 95 USD/INR level generated additional dollar demand and was viewed as technically significant. News - Thu, 10 Sep 2026 10:01:03 +0530 https://www.taxtmi.com/news?id=74723