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Rupee rises 22 paise to 85.36 against US dollar
Financial Express Bengaluru
|May 10, 2025
THE RUPEE PARED its initial losses and settled for the day higher by 22 paise at 85.36 against the US dollar on Friday, as likely intervention by the Reserve Bank of India helped contain excess depreciation of the rupee.
Forex traders said the rupee opened on a weak note due to the armed conflict between India and Pakistan, however, RBI intervened to prevent major weakness.
This story is from the May 10, 2025 edition of Financial Express Bengaluru.
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