The rupee moved in a narrow range today and settled at 87.69. only 3 paise up against USD on August 7, 2025. The imposition of an additional 25% duty, doubling it to 50% on Indian goods, by the US administration dented market sentiments. Forex traders attribute weak crude oil prices and a fall in the US Dollar index as the reason for a slight rise against the greenback. Gains could have been sharper if not for muted domestic markets and foreign fund outflows. The rupee began today at 87.69 at the interbank foreign exchange and traded within 87.67-87.77 during the trading day before settling at 87.69.