Indian Rupee Drops 5 Paise to ₹87.63 per US Dollar in Early Trade
The Indian rupee opened lower against the US currency on Thursday, dropping 5 paise to ₹87.63 in opening deals. It’s a clue to mild pressures on the local currency, fueled by domestic and overseas market sentiment. Although the adjustment seems small, it reflects persistent global headwinds, which are: • Robust US dollar supported by optimism […]