2025-10-08 20:24
IndustryRupee Panned Out as Expected on Oct 8, 2025
The rupee traded within a narrow range on October 8, 2025, and settled three paise lower at 88.80 (provisional) against the USD. This is due to the negative domestic equity market trend amid an elevation in risk-off sentiments. Supported by domestic developments, such as IPO-related inflows and potential progress in trade negotiations between India and the US, would likely keep the rupee in a narrow range for some time.
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Rupee Panned Out as Expected on Oct 8, 2025
India | 2025-10-08 20:24The rupee traded within a narrow range on October 8, 2025, and settled three paise lower at 88.80 (provisional) against the USD. This is due to the negative domestic equity market trend amid an elevation in risk-off sentiments. Supported by domestic developments, such as IPO-related inflows and potential progress in trade negotiations between India and the US, would likely keep the rupee in a narrow range for some time.
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