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Rupee gains 9 paise to 87.10 against US Dollar

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Dion Global

05 Mar 2025

The Indian rupee strengthened by 9 paise to reach 87.10 against the US dollar in early trading on Wednesday, supported by a weaker dollar and declining crude oil prices.

According to forex traders, the US dollar faced broad pressure as global markets reacted to President Donald Trump's tariff escalations, triggering a downward trend.

Despite this gain, experts caution that the rupee may face slight downward pressure amid ongoing concerns over a prolonged trade war impacting global financial markets.