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Tag: increased importer demand

Rupee falls 8 paise to close at 89.98 against U.S. dollar

Posted on December 29, 2025 By admin
Rupee falls 8 paise to close at 89.98 against U.S. dollar

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated eight paise to close at 89.98 (provisional) against the U.S. dollar on Monday (December 29), weighed down by foreign fund outflows and a negative trend in domestic equities. Forex traders said persistent capital withdrawals from foreign investors, alongside heightened dollar demand…

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