Indian rupee dips on importer dollar bids, far forward premiums retreat – Markets

MUMBAI: The Indian rupee weakened slightly in early trading on Wednesday, pressured by dollar bids on behalf of importers amid lacklustre trading to kick off 2025, while dollar-rupee far forward premiums retreated from an over one-and-a-half-year high.

The rupee was at 85.6725 against the U.S. dollar as of 09:50 a.m. IST, down from its close of 85.6150 in the previous session.

The local…

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News Source: www.brecorder.com


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