INR lax around 85.60 per US dollar

Last Updated : Jul 03 2025 | 10:04 AM IST

Indian Rupee is lax around 85.60 per US dollar today. INR is witnessing tepid moves this week even as the US dollar fell to lowest level in over three and half years. Fed Chair Powell reaffirmed a data-dependent stance while acknowledging tariff-linked inflation as a limiting factor. The Senates narrow approval of a tax-and-spending bill, projected to balloon the national debt by $3.3 trillion, added to market anxiety and kept the US currency under check. The domestic equity benchmarks ended with modest losses today and are witnessing muted trades today too.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Already subscribed? Log in

Subscribe to read the full story →

^*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

In-depth market analysis & insights with access to The Smart Investor

Ad-free Reading

Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

Access Business Standard across devices — mobile, tablet, or PC, via web or app

SAVE 25%

Subscribe for ₹2,700 / 1 Year

Connect with us on WhatsApp

INR lax around 85.60 per US dollar