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( As on 13/10/2025 09:59)

Rupee declines 5 paise to 88.77 per dollar amid global risk-off sentiment

The Indian rupee slipped 5 paise to 88.77 against the US dollar in early trade on Monday, pressured by the strength of the American currency and a cautious global mood.

At the interbank foreign exchange market, the rupee opened at 88.75 and edged lower to 88.77, hovering close to its all-time closing low.

According to forex traders, the RBI is closely monitoring the USDINR movement as it approaches the 88.80 level.