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Indian Rupee logs worst session since Feb 2023; ends 1.03% lower at 85.72/$

Business Standard LogoBusiness Standard6h ago

Indian Rupee logs worst session since Feb 2023; ends 1.03% lower at 85.72/$ - Business Standard

Quick Summary:

The currency depreciated by 1.

If the situation worsens, the rupee may face further pressure, with lower levels of 86.00-86.50 potentially coming into play.

The domestic currency closed 89 paise lower at 85.72 after ending at 84.83 against the greenback on Wednesday, according to Bloomberg data.

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Indian Rupee logs worst session since Feb 2023; ends 1.03% lower at 85.72/$ - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 16:06:49 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 553 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28491326

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 295 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Indian Rupee logs worst session since Feb 2023; ends 1.03% lower at 85.72/$" was covered 6 hours ago by Business Standard, a news publisher based in India.

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  • URL: https://amm.beamstart.com/news/indian-rupee-logs-worst-session-17467007371321

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