Rupee slumps 52 paise to close at 87.43 against U.S. dollar
The rupee depreciated 52 paise to close at 87.43 (provisional) against the U.S. dollar on Wednesday (July 30, 2025), on uncertainty over an India-U.S. trade deal after U.S. President Donald Trump hinted at tariff rates of around 20-25% ahead of the deadline of August 1, 2025. Forex traders said month-end dollar demand from importers and…
