A man calculates Indian currency notes in a market in Bengaluru, India, August 1, 2025. Reuters/Priyashu Singh | Photo Credit: Reuters
The rupee traded in a narrow border and rose from 87.39 to 87.39 against the US dollar on Thursday (August 14, 2025), amid positive trends in domestic equities.
Forex traders said that the rupee is trading in a tight border and the overall bias is expected to be negative amid uncertainty on the issue of trade tariffs between India and America.
In addition, investors are in a waiting-and-dagger mode ahead of the US-Russia talks on August 15. In the Interbank Forex Market, the rupee opened at 87.48 against the US dollar, then touched 87.39, recorded a profit of 8 causes in its previous bandh.
On Wednesday (August 13, 2025), the rupee settled at 87.47 against the US dollar.
Meanwhile, Brent crude prices rose 0.38% to $ 65.98 per barrel in futures trade.
Treasury and Executive Director Finerex Treasury Advisors LLP chief Anil Kumar Bhansali said, “Brent Oil was still below USD 66 per barrel, as it returned to the ground after falling too much in the previous session, with the upcoming US-Russian talks raising the risk premium in the market.”
The dollar index, which detects the strength of greenback against a basket of six currencies, fell 0.08% to 97.76.
Bhansali said, “US Fed Rate Cut bets are moving down the dollar index.”
On the domestic equity market front, Sensx rose to 154.07 points in early trade to 80,693.98, while the Nifty rose by 45 points to 24,664.35.
According to exchange data, foreign institutional investors on Wednesday (August 14, 2025), launched a price of Rs 3,644.43 crore.
Published – August 14, 2025 10:56 AM IST
