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₹ closes at new low amid $ demand
Business Standard
|October 09, 2025
The rupee settled at a new low of 88.80 per dollar on Wednesday, as it continued to face depreciating pressure amid foreign outflows and strong demand for the greenback, said dealers.
The local currency settled 2 paise lower against the previous close of 88.78 per dollar. It has depreciated by 3.74 per cent so far in the current financial year, and has witnessed 3.54 per cent depreciation in the current calendar year.
This story is from the October 09, 2025 edition of Business Standard.
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