2025-09-10 20:44
IndustryImproving Cues Make the Rupee Climb Against USD
The rupee made a slight recovery from its record low to finish 4 paise higher at 88.11 (provisional) against the USD on September 10, 2025. Strong foreign fund inflows and a weaker greenback supported the rupee’s upward movement. Other factors that supported the rupee rally included the hopes of a breakthrough in the India-US trade deal and positive domestic market sentiments. The only issue for the rupee today was the rise in crude oil prices that limited its rally to an extent. While the rupee opened at 88.14 against the USD at the interbank foreign exchange, it traded within 88.06-88.19 before finishing at 88.11.
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Improving Cues Make the Rupee Climb Against USD
India | 2025-09-10 20:44The rupee made a slight recovery from its record low to finish 4 paise higher at 88.11 (provisional) against the USD on September 10, 2025. Strong foreign fund inflows and a weaker greenback supported the rupee’s upward movement. Other factors that supported the rupee rally included the hopes of a breakthrough in the India-US trade deal and positive domestic market sentiments. The only issue for the rupee today was the rise in crude oil prices that limited its rally to an extent. While the rupee opened at 88.14 against the USD at the interbank foreign exchange, it traded within 88.06-88.19 before finishing at 88.11.
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