INR vs USD: Indian Rupee Breaches 85 Per Dollar for the First Time
The Indian rupee hit a historic low against the US dollar on Thursday, slipping past the 85 mark for the first time, following the US Federal Reserve’s indication of limited rate cuts in 2025. The rupee weakened by 12 paise, reaching 85.0675 against the dollar, reflecting a consistent decline over recent months. The dollar index,…