HomeNewsCurrencyRupee slips in early trade, opens at 85.8675/USD

Rupee slips in early trade, opens at 85.8675/USD

On June 4, Indian rupee was under pressure due to dollar demand from oil companies, foreign investors, and importers

June 05, 2025 / 09:58 IST
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On June 4, Indian rupee was under pressure due to dollar demand from oil companies, foreign investors, and importers.
On June 4, Indian rupee was under pressure due to dollar demand from oil companies, foreign investors, and importers.

Indian rupee opened 4 paise up at 85.8675 against the US dollar, then traded down almost 0.03 percent in early trade.

The local currency ended at 85.9063 against the greenback at previous trading session.

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This currency experts said due to marginal uptick in dollar index, which increased to 98.817 in early trade, as compared to 98.787 at previous close.

On June 4, Indian rupee was under pressure due to dollar demand from oil companies, foreign investors, and importers.