Rupee falls 45 paise to close at 84.80 against U.S. dollar on heightened cross-border tensions

The rupee depreciated 45 paise to close at 84.80 (provisional) against the U.S. dollar. File | Photo Credit: Reuters The rupee depreciated 45 paise to close at 84.80 (provisional) against the U.S. dollar on Wednesday (May 7, 2025), as heightened cross-border tensions following India’s military strikes against terrorist camps in Pakistan and Pakistan-Occupied Kashmir weighed…

Read More

Rupee slumps 84 paise to close at 85.61 against U.S. dollar

Image used for representative purpose only. | Photo Credit: Reuters Rupee depreciated sharply by 84 paise to close at 85.61 (provisional) against the U.S. dollar on Thursday, weighed down by heightened geopolitical tensions between India and Pakistan. Forex traders said investors resorted to risk aversion in the domestic markets after the Pakistani military attempted a…

Read More