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Rupee falls as demand for dollar surges

Mint Hyderabad

|

June 05, 2025

The rupee declined for the sixth time in seven sessions on Wednesday, slipping briefly past 86 to the US dollar, as traders unwound bullish positions amid persistent demand for the greenback.

- Reuters

The rupee weakened to 86.0225 on Thursday before recovering marginally to end the day 0.4% lower at 85.90.

The Indian currency has declined nearly 1.5% from a high of 84.78 it touched last Monday, making it one of the worst-performing Asian currencies over this period.

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