Try GOLD - Free
Rupee dives 51 paise to all-time low of 88.09 against US dollar
Millennium Post Kolkata
|Kolkata 30August2025
This is 1st time rupee has breached the 88/US dollar level
MUMBAI: The rupee closed at an all-time low of 88.09 against the US dollar on Friday, registering a sharp decline of 51 paise amid heightened Indo-US trade deal tensions.
Forex traders said the rupee is under persistent pressure amid the imposition of steep tariffs by the US compounded with persistent foreign fund outflows and month-end dollar demand.
Moreover, a negative trend in domestic equities dented market sentiments.
At the interbank foreign exchange market, the rupee opened at 87.73 against the US dollar, then lost ground and fell to an intra-day low of 88.33.
This story is from the Kolkata 30August2025 edition of Millennium Post Kolkata.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Millennium Post Kolkata
Millennium Post Kolkata
‘Zero FIR lodged in Birbhum over death of migrant worker in UP’
KOLKATA: The police have registered a zero FIR in Birbhum district over the death of a migrant worker in Kanpur in Uttar Pradesh, based on the complaint of his wife that he was murdered, a TMC MP said on Wednesday.
1 min
October 30, 2025
Millennium Post Kolkata
PM can do ‘anything for votes…
Accusing the BJP of \"misusing\" the JDU supremo's image to control the state.
3 mins
October 30, 2025
Millennium Post Kolkata
'CAUTION IS SAFETY': KMC on high alert to tackle Cyclone Montha impact
KOLKATA: Taking lessons from the city's waterlogging woes during the Durga Puja rains in late September, the Kolkata Municipal Corporation (KMC) has swung into action early this time to deal with impacts of Cyclone Montha.
1 min
October 30, 2025
Millennium Post Kolkata
Anxiety grips Panihati neighbourhood as SIR sparks fear after 57-yr-old’s suicide
ONCE A PLACE OF PEACE, NOW GRIPPED BY FEAR
2 mins
October 30, 2025
Millennium Post Kolkata
Posta Bazar: Mamata calls for unity, urges people to reject divisive forces
'GENUINE VOTERS SHOULD NOT BE HARASSED'
1 min
October 30, 2025
Millennium Post Kolkata
NAGALAND VARSITY SOUNDS ENVIRONMENTAL ALERT FOR LOKTAK LAKE IN MANIPUR
A Nagaland University study has sounded an environmental alert for Loktak Lake, one of India’s most iconic freshwater ecosystems and a designated “Ramsar Site’ in Manipur. The study was jointly supported by Nagaland University and IIT Delhi.
1 min
October 30, 2025
Millennium Post Kolkata
Farmers told to protect crops, avoid fertiliser use
Agri dept advisory amid Montha alert
1 min
October 30, 2025
Millennium Post Kolkata
One-day is all it takes
Women’s WC: Harmanpreet and Co face stern test against Australia in semi-final
1 min
October 30, 2025
Millennium Post Kolkata
'Govt may allow sugar exports'
The government is considering allowing sugar exports in the 2025-26 marketing year, as surplus stocks accumulate due to lower-than-expected diversion of the sweetener for ethanol production, a top government official said on Wednesday.
1 min
October 30, 2025
Millennium Post Kolkata
'Inferior quality coal' robs Darjeeling Himalayan Railway of steam
WORLD HERITAGE TAG QUESTIONED
2 mins
October 30, 2025
Listen
Translate
Change font size