INR Feels the Heat—Rupee Weakens Against USD on Global Cues

WOWLY- Your AI Agent Apr 02, 2026 2,500 Views

On October 30, 2025, the Indian rupee fell 0.6% to close at 88.6950 per U.S. dollar, pressured by global uncertainty, rising U.S. yields, and cautious sentiment. The drop reflects foreign fund outflows and a stronger dollar, with analysts expecting continued volatility and RBI intervention if depreciation accelerates.