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Opinion

New day, new low: Rupee slips to record 87.58/$

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Last updated: February 6, 2025 11:15 pm
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New day, new low: Rupee slips to record 87.58/$

MUMBAI: The rupee fell to a record low of 87.58 on Thursday, down 11 paise from its previous close, dragged down by a decline in other Asian currencies and ahead of RBI’s monetary policy decision.
Uncertainty over US trade tariffs and persistent portfolio outflows have weighed on the rupee in the past two months, making it the worst-performing Asian currency in 2025. TNN



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