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Rupee hits fresh low against dollar
Orissa POST
|September 06, 2025
The rupee touched its lowest level but pared all losses before ending 3 paise higher at $88.09 against the US dollar Friday amid sustained outflow of foreign funds and renewed concern over additional US tariffs on Indian IT sector exports.
A weak greenback and falling crude oil prices failed to prevent -the fall in the local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 88.11 against the US dollar and touched the lowest-ever intra-day level of 88.38 before ending the session at 88.09 against the greenback, up 3 paise from its previous close.
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