Rupee falls 7 paise to close at 86.71 against US dollar
Mumbai, Feb 21 (PTI) The rupee pared initial gains and settled 7 paise lower at 86.71 (provisional) against the U.S. dollar on Friday (February 21, 2025), weighed down by sustained foreign fund outflows and a recovery in the American currency index. Forex traders said the Indian rupee declined on Friday (February 21, 2025) on weak domestic markets and a recovery in the U.S. dollar index. However, weak crude oil prices cushioned the downside. At the interbank foreign exchange, the rupee opened on a positive note at 86.50 against the greenback. During the session it pared the gains and fell to