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Rupee Falls 4 Paise to 85.63 Against U.S. Dollar in Early Trade

Summary by The Hindu
Rupee weakens against dollar as traders await India-US trade deal conclusion, dollar index falls slightly.

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The rupee saw a slight decline in the value of the interbank market at the start of business on Wednesday, falling 0.01 percent to Rs 283.78 per dollar. On Monday, the rate was Rs 283.76, while trading was suspended on Tuesday due to a bank holiday. Globally, the US dollar remained near its lowest level since February 2022 on Wednesday, largely due to signs of easing interest rates from the Federal Reserve and former President Trump’s 3.

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Latestly broke the news in on Wednesday, July 2, 2025.
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