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The rupee closed at an all-time low of 88.09 per dollar on August 29, falling 51 paise after breaching 88 for the first time. Forex traders cited US tariffs, foreign fund outflows and month-end dollar demand.
A sharp rupee decline makes dollar-priced imports costlier for India and reflects trade-deficit worries from US tariffs. Persistent pressure could weigh on Indian export volumes of rice and meal.
ndtv.comPress Trust of IndiaAug 29, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
