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Rupee Falls 25 Paise To 86.56 Against Dollar
Hindustan Times Pune
|January 29, 2025
The rupee depreciated 25 paise to close at 86.56 (provisional) against the US dollar on Tuesday, as global risk sentiments were dampened amid tariff threats by the US President Donald Trump.
MUMBAI: Forex traders said the rupee continued to face pressure due to sustained foreign outflows and the strength of the American currency in the overseas market amid unabated dollar demand from oil importers and weak risk appetite.
At the interbank foreign exchange, the rupee opened on a weak note at 86.53, and during the day touched a high of 86.50 and a low of 86.57 against the American currency.
This story is from the January 29, 2025 edition of Hindustan Times Pune.
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