Rupee drops 38 paise, settles at 85.82 against $

The rupee declined 38 paise — steepest in more than five weeks — to settle at 85.82 (provisional) against the US dollar on Monday amid the wide-spread global turbulence over escalated tariff war. A decline in crude prices and a...

PTI

Mumbai, Updated At : 09:15 AM Apr 08, 2025 IST

Photo for representational purpose only. File photo

The rupee declined 38 paise — steepest in more than five weeks — to settle at 85.82 (provisional) against the US dollar on Monday amid the wide-spread global turbulence over escalated tariff war.

A decline in crude prices and a weaker American currency failed to arrest the fall in domestic currency due to the withdrawal rush by foreign as well as domestic equity investors, forex traders said.

Rupee drops 38 paise, settles at 85.82 against $

PTI

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