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Rupee slips 18 paise to 86.88 against US dollar in early trade

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Dion Global

29 Jul 2025

The rupee weakened by 18 paise to 86.88 against the US dollar in early trading on Tuesday, pressured by month-end dollar demand and continued foreign fund outflows.

According to forex traders, persistent dollar buying by importers kept the greenback firm against the rupee, contributing to the local currency’s decline.

Additionally, a subdued performance in domestic equities and ongoing FPI outflows further dampened investor sentiment.