नवीनतम
Rupee falls 7 paise to 88.80 against USD
MUMBAI [Maha Media]: The rupee depreciated 7 paise from its all-time closing low to 88.80 against US dollar in early trade on Wednesday dragged down by tariff and H-1B visa issues amid persistent foreign fund outflows.
Forex traders said rupee is hovering near its all-time low level as enhanced US tariffs on Indian goods as well as US H-1B visa fee hike dented investor sentiments.
Moreover, investors' risk-aversion and trade policy uncertainty has also exacerbated the rupee’s depreciation.
