The rupee weakened 38 paise to 87.33 against the US dollar, its steepest fall in over a month, amid rising crude oil prices and continued foreign investor selling. Despite a weaker dollar, domestic equity losses added pressure. The Reserve Bank of India reported a $1.78 billion drop in forex reserves. Market sentiment remains cautious as global uncertainties, including US trade policies, impact investor confidence.
Rupee Falls 38 Paise to 87.33/USD
American one hundred dollar bill and Indian paper currency banknote a backgrounds.