26 September, 2025 | 10:19 PM
Rupee falls 12 paise to close at 88.28
23-09-2025 12:00:00 AM
The rupee depreciated 12 paise to close at 88.28 against the US dollar on Monday, as investors weighed Trump's H-1B visa fee hike impact on Indian remittances amid heightened risk-averse sentiment. Forex traders said the recent hike in H-1B visa fees could contribute to equity outflows from the Indian IT sector in the near term, and could also exert pressure on the Indian rupee.
