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Rupee falls 22 paise to 87.41 against US dollar in early trade

News Desk by News Desk
February 27, 2025
in Business
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Rupee falls 2 paise to 86.55 against US dollar in early trade
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MUMBAI: The rupee declined 22 paise to 87.41 against the US dollar in early trade on Thursday after the latest tariff announcements from the US weighed on emerging currencies, including the rupee.

Forex traders said the latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar.

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Rupee rises 13 paise to 85.66 against US dollar as RBI cuts policy rate by 50 bps

At the interbank foreign exchange, the rupee opened at 87.26, then fell to 87.41 against the American currency, registering a decline of 22 paise over its previous close. PTI

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