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Rupee Falls 89p, The Most Since February 2023
Hindustan Times Lucknow
|May 09, 2025
The Indian rupee fell nearly 1% on Thursday amid rising tensions between India and Pakistan.
MUMBAI:
The local currency opened at 84.61 and moved between an intra-day high of 84.52 and a low of 85.77 against the dollar. It closed 89 paise lower at 85.72, marking the worst day since 6 February 2023.
Both the currency and stock markets declined on Thursday after India confirmed it had targeted air defence radars and systems at a number of locations in Pakistan, while Pakistan's military said it had shot down 25 Indian drones.
Diese Geschichte stammt aus der May 09, 2025-Ausgabe von Hindustan Times Lucknow.
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