Rupee hits 3-month low against dollar

Business Jun 20, 2025

The Indian rupee just dropped to its lowest point in three months, closing at 86.72 per US dollar on Thursday.
That's a slide of 24 paise in a single day and a total drop of 69 paise over three sessions.
The main reasons? More importers buying dollars, weak stock markets at home, and rising tensions in West Asia.

Global factors weigh on rupee

Global worries have traders playing it safe, so more money is flowing into the US dollar—pushing its value up.
Even though US interest rates stayed the same, demand for the "safe" dollar hurt the rupee further.
Ongoing conflicts like the US-Israel-Iran situation are making markets nervous, adding extra pressure on our currency.