Indian Rupee Falls to 87.21 vs US Dollar, Posting Large Decline

The Indian Rupee (INR) finished at 87.2100 per US Dollar on Tuesday, February 25, 2025, a large drop from its last close of 86.6950. The steep fall of around 0.59% is in the wake of increased US Dollar strength and ongoing foreign selling from Indian markets. The weakness in the rupee was further pushed by international trade tensions, led most recently by US President Donald Trump's latest tariff announcements. The currency's fall continued in spite of supposed intervention by the Reserve Bank of India (RBI) aimed at stemming excess volatility. The movement is symptomatic of ongoing trouble for the Indian economy as well as growing investor wariness in emerging economies.

 

Source: FXStreet