The Indian rupee weakened to 85.54 against the US dollar due to importer demand and foreign fund outflows, despite support from domestic equity gains and lower crude oil prices. Forex traders noted the rupee’s decline of 22 paise, influenced by geopolitical factors and dollar strength. Post navigation Trade unions postpone nationwide strike to July 9 amid India-Pakistan tensions Adani ends tie-up with China-based lounge access provider DragonPass
