Currency watch: Rupee ends 18 paise lower at 86.70 against dollar; trade jitters and Fed uncertainty weigh on sentiment
Monday, 28 July 2025 () The rupee weakened to 86.70 against the US dollar due to month-end dollar demand and caution before trade and monetary policy decisions. A stronger dollar, influenced by the EU-US trade pact, and uncertainty over India's trade talks with the US also contributed. Weak domestic industrial output and declining forex reserves further pressured the rupee.
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The rupee strengthened to 85.76 against the US dollar, buoyed by a weaker dollar and lower crude oil prices. Gains were capped by persistent foreign fund... IndiaTimes
The Indian rupee weakened to 86.52 against the US dollar due to declining domestic equities, rising crude oil prices, and continuous foreign fund outflows. A... IndiaTimes
Monday, 28 July 2025 ()
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