India

2025-09-15 21:12

IndustrySome Concern, Some Hope for Rupee on Sep 15, 2025
The rupee traded within a range-bound and finished at 6 paise higher at 88.20 (provisional) against the USD on September 15, 2025. While the trade tariff issue concerned investors, the hope of a FED rate cut lifted their sentiments. Also, the RBI’s intervention has helped ease volatility and shielded the rupee from depreciating quickly. The rupee opened at 88.25 at the interbank foreign exchange, hit an intraday low and high of 88.30 and 88.13, respectively, and finished the day six paise higher at 88.20.
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Some Concern, Some Hope for Rupee on Sep 15, 2025
India | 2025-09-15 21:12
The rupee traded within a range-bound and finished at 6 paise higher at 88.20 (provisional) against the USD on September 15, 2025. While the trade tariff issue concerned investors, the hope of a FED rate cut lifted their sentiments. Also, the RBI’s intervention has helped ease volatility and shielded the rupee from depreciating quickly. The rupee opened at 88.25 at the interbank foreign exchange, hit an intraday low and high of 88.30 and 88.13, respectively, and finished the day six paise higher at 88.20.
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