2025-10-16 21:30
IndustryGlancing at the Rupee's Rebounding Pattern
The rupee rose for the second straight day as it closed 21 paise up against the US dollar on October 16, 2025. It settled at 87.87 (provisional) against the greenback as the American currency got softer against major currencies along with a renewed risk-on sentiment among investors. At the interbank foreign exchange, the rupee opened at 87.76 and hit an intra-day high of 87.68 per dollar. Finally, it settled at 87.87.
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Glancing at the Rupee's Rebounding Pattern
India | 2025-10-16 21:30The rupee rose for the second straight day as it closed 21 paise up against the US dollar on October 16, 2025. It settled at 87.87 (provisional) against the greenback as the American currency got softer against major currencies along with a renewed risk-on sentiment among investors. At the interbank foreign exchange, the rupee opened at 87.76 and hit an intra-day high of 87.68 per dollar. Finally, it settled at 87.87.
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