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Rupee falls 9 paise to 87.16 against US dollar in early trade

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Dion Global

05 Feb 2025

The rupee traded in a narrow range and depreciated 9 paise to 87.16 against the US dollar in early trade on Wednesday, as global trade war has fuelled risk aversion among investors.

Forex traders said the rupee is trading with a negative bias over global trade war as market participants mulled the impact of tariffs being imposed by the United States and China.

However, any central bank intervention may support the rupee, they added.