Rupee closes in on 89/$

  • Posted on September 23, 2025
  • By Financial Express
  • 3 Views
Rupee closes in on 89/$

The rupee slipped to 88.76 against the dollar, nearing the 89 mark, pressured by higher US tariffs, a 20-fold hike in H1-B visa fees, and sustained FPI outflows. Weak RBI intervention and global uncertainties add to the currency’s woes, making it Asia’s worst performer in FY26 so far.
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