Rupee touches fresh low of 87.51 against US dollar
2025-02-06 10:25:49
The rupee has reached a new low of 87.51 against the US dollar.
The local currency open around 6 paise down at 87.51 against the US dollar and then touch record low of 87.55 against the US dollar, as compared to 87.46 at previous close against the greenback.
Indian rupee touched a record low of 87.55 against the US dollar due to higher dollar index and rising crude oil prices, which increases the demand for dollars from oil marketing companies, currency experts said.