Rupee falls 37 paise to close at 85.96 against U.S. dollar
Forex traders said surging U.S. bond yields are rattling global investors. Moreover, the narrowing yield differential between India and the U.S., is making Indian assets less attractive. Representational file image. | Photo Credit: The Hindu Rupee depreciated 37 paise to close at 85.96 (provisional) against the U.S. dollar on Thursday (May 22, 2025), on dollar…