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.