2025-08-19 20:27
IndustryRupee 40 Paise Up Over GST Reforms on Aug 19, 2025
The rupee grew by a further 40 paise against the USD to close at a provisional 86.99 on August 19, 2025. The rally happened on the back of optimism over positive domestic equity markets and GST restructuring.
According to forex traders, the rupee is likely to witness a positive movement as market sentiments were boosted after the meeting between Donald Trump and Vladimir Putin.
At the interbank foreign exchange market, the rupee began at 87.24 against the USD. During the trading day, the rupee hit an intraday low of 87.31 before recovering to 86.99, witnessing a sharp growth of 40 paise over the previous close.
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Rupee 40 Paise Up Over GST Reforms on Aug 19, 2025
India | 2025-08-19 20:27The rupee grew by a further 40 paise against the USD to close at a provisional 86.99 on August 19, 2025. The rally happened on the back of optimism over positive domestic equity markets and GST restructuring.
According to forex traders, the rupee is likely to witness a positive movement as market sentiments were boosted after the meeting between Donald Trump and Vladimir Putin.
At the interbank foreign exchange market, the rupee began at 87.24 against the USD. During the trading day, the rupee hit an intraday low of 87.31 before recovering to 86.99, witnessing a sharp growth of 40 paise over the previous close.
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