
August 21, 2025
Rupee Dips on Strong US Dollar and Rising Oil Prices Despite Hopes of Russia-Ukraine Peace
The Indian rupee started strong but slipped 18 paise to 87.25 against the US dollar on August 21 as a powerful dollar and rising oil prices kept investors cautious. Positive trade talks and global market optimism gave some support, while all eyes turn to the crucial Jackson Hole Symposium.