July 02, 2026
The rupee fell 0.1% to 95.8525 per US dollar, eclipsing its previous record low of 95.7950 hit in the previous session
The recovered notes include 74,500 counterfeit Indian rupees, fake UAE 100-dirham notes and 1,700 counterfeit US dollars
Earlier this year the rupee declined and traded in a wider band even though the dollar softened
The rupee closed at 88.7650 against the US dollar on Friday, down 1% week-on-week and hovering close to its all-time low of 88.80 hit in late-September
The rupee slid to 87.2450 before the Reserve Bank of India's intervention helped it recover to 87.1225
