2025-07-30 20:38
IndustryRupee Fall Refuses to Stop; Trades at 87.53
The rupee has recorded a massive dip today, falling steeply to 87.53 against the US Dollar on July 30, 2025. This steep fall is largely due to the uncertainty lingering around the India-US trade deal after US President Donald Trump indicated tariff rates of 20-25% (approx.) ahead of the August 1 deadline. The month-end dollar demand from importers and continued foreign fund outflows further add to the decline.
The rupee began the journey today with a low of 87.10 at the interbank foreign exchange against the greenback. It touched an intra-day low of 87.05 before settling at 87.43, falling 52 paise from the previous day’s close.
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Rupee Fall Refuses to Stop; Trades at 87.53
India | 2025-07-30 20:38The rupee has recorded a massive dip today, falling steeply to 87.53 against the US Dollar on July 30, 2025. This steep fall is largely due to the uncertainty lingering around the India-US trade deal after US President Donald Trump indicated tariff rates of 20-25% (approx.) ahead of the August 1 deadline. The month-end dollar demand from importers and continued foreign fund outflows further add to the decline.
The rupee began the journey today with a low of 87.10 at the interbank foreign exchange against the greenback. It touched an intra-day low of 87.05 before settling at 87.43, falling 52 paise from the previous day’s close.
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