Indian Rupee Records Sharpest Single-Day Decline Since February 2023

Unknown Apr 02, 2026 1,800 Views

The Indian rupee posted its biggest single-session drop in over two years, closing at 85.71 per U.S. dollar on May 8, down 1 percent from its previous close of 84.8250. The decline marks the steepest fall since February 2023, driven by geopolitical tensions and a strengthening dollar index. &...