The Indian rupee fell another seven paise to close at 90.27 against the dollar on Monday, with experts anticipating further declines. This depreciation is attributed to a delayed US trade deal and reduced foreign investment in Mumbai equities. The Reserve Bank of India intervened to moderate volatility but not to reverse the trend.

"The RBI intervened near the 90.30 levels, but it was only to curb the deprecation and not to turn the tide," said Ritesh Bhansali, deputy CEO, Mecklai Financial Services.

(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

Tata Steel's future rests on a former PSU company it bought

Vi vrooms, Swiggy sags: What sunk, what paid off in retail investors mid-cap bet

How biryani lost a Himalayan spice, and farmers their livelihood

How Rahul Narvekar sold a startup dream, but delivered a nightmare

Stock Radar: UNO Minda stock breaks out from symmetrical triangle formation; likely to hit fresh record highs

ICICI Prudential Life stock breaks out from symmetrical triangle pattern; what should investors do?

Choose your reason below and click on the Report button. This will alert our moderators to take action

Your Reason has been Reported to the admin.

It seems like you're already an ETPrime member with

Login using your ET Prime credentials to enjoy all member benefits

Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

Trump temper on H-1B visas is forcing Indians to do these things to stay put in US

What Adani’s US indictment means for India Inc’s overseas fundraising