22 Sep 2025 | 5 Mins Read
Indian rupee drops 5 paise against US dollar
Flipitmoney
The rupee depreciated 5 paise to 88.21 against the US dollar on September 22, due to a negative trend in domestic equities and the strength of the American currency. This may be triggered by a potential slowdown in employee deployments to the US due to the hike in H-1B visa fees. India's services exports could also take a hit, affecting the country's external balances.