Indian rupee:The Indian rupee ended a nine-day winning streak on Tuesday, slipping 12 paise to 85.75 against the US dollar. Month-end dollar demand from oil companies and importer hedging pressured the currency. Traders anticipate further rupee weakness amid tariff-related uncertainties.
Rupee touches one-week high; RBI plans to ease dollar bids
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.