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Rupee falls 10 paise to close at 85.80 against US dollar

News Desk by News Desk
July 11, 2025
in Business
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Rupee falls 2 paise to 86.55 against US dollar in early trade
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The rupee depreciated 10 paise to close at 85.80 against US dollar on Friday, on weak domestic markets and risk-off sentiments amid trade tariff uncertainty.

Forex traders said global market sentiments were dented as US President Donald Trump imposed 35 per cent tariffs on Canadian goods.

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At the interbank foreign exchange, the rupee opened at 85.76 against the US dollar, and touched an intra-day low of 85.91 during the day. The local unit finally settled for the day at 85.80, down 10 paise from its previous close. PTI

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