
Rupee falls 23 paise to 85.84 against USD
MUMBAI [Maha Media]: The rupee weakened by 23 paise to 85.84 against the dollar in early trade on Tuesday, largely due to month-end demand for the US currency from importers.
Forex dealers said positive domestic equities and foreign fund inflows supported the rupee at lower levels.
However, key challenges remain for the local unit, including liquidity constraints and concerns over reciprocal tariff implementations.