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Rupee falls 2 paise to close at 85.52 against US dollar

Summary by NewsDrum
Mumbai: The rupee consolidated in a narrow range and settled for the day 2 paise lower at 85.52 (provisional) against the US dollar on Wednesday, as the support from positive domestic markets was negated by uncertainty over trade tariffs. Forex traders said the Indian rupee ended the first trading session of the fiscal year 2025-26 on a flat note over Trump's reciprocal tariffs concerns and foreign fund outflows. A surge in crude oil prices also…
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Mobile News 24x7 EnglishMobile News 24x7 English

Rupee Projected To Trade In Range Of 85.5-87.5 Per Dollar In FY26

New Delhi, April 2:  The performance of Indian rupee in FY25, when compared with other global currencies, was relatively stable, with a stronger dollar weighing on all major currency pairs, a report showed on Wednesday. However, towards the end of the year, a reversal in dollar strength and FPI inflows into debt supported a rally in rupee, with the domestic currency recouping as much as 2.4 per cent in a single-month alone, according to a report…

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NewsDrumNewsDrum

Rupee falls 2 paise to close at 85.52 against US dollar

Mumbai: The rupee consolidated in a narrow range and settled for the day 2 paise lower at 85.52 (provisional) against the US dollar on Wednesday, as the support from positive domestic markets was negated by uncertainty over trade tariffs. Forex traders said the Indian rupee ended the first trading session of the fiscal year 2025-26 on a flat note over Trump's reciprocal tariffs concerns and foreign fund outflows. A surge in crude oil prices also…

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Economy IndiaEconomy India

Rupee Weakens by 23 Paise to 85.73 Against the US Dollar Amid Global Uncertainty I Economy India

Rising Crude Oil Prices and US Tariff Concerns Weigh on Indian Currency Mumbai (Economy India): The Indian rupee opened weaker on Wednesday, depreciating by 23 paise to 85.73 per US dollar, as rising crude oil prices and growing concerns over US retaliatory tariffs impacted investor sentiment. The first trading session of the 2025-26 financial year saw the rupee on a downward trajectory, reflecting global economic uncertainty. Rupee’s Decline: …

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Cryptocurrency News | Cryptocurrency Prices | Market CapCryptocurrency News | Cryptocurrency Prices | Market Cap

Rupee falls 23 paise to 85.73 against U.S. dollar in early trade

The rupee depreciated 23 paise to 85.73 against the U.S. dollar in early trade on Wednesday (April 2, 2025), weighed down by rising crude prices and …

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news in on Wednesday, April 2, 2025.
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