नवीनतम
Rupee falls 26 paise to 85.66 against USD
MUMBAI [Maha Media]: The rupee fell 26 paise to 85.66 against the US dollar in early trade on Monday amid FII outflows and a weak opening at the domestic equity markets.
The US on Sunday stepped up pressure on trading partners to make new deals before the July 9 deadline, warning countries that higher tariffs could kick in on August 1, putting further pressure on the rupee.
However, a weaker greenback, lower global crude oil prices and the rise in the country's forex reserves prevented further losses in the local unit, according to forex traders.
