Rupee rises 23 paise to 85.49 against U.S. dollar in early trade

The rupee rose from 23.49 to 85.49 against the US dollar on Friday (June 27, 2025), which was aid by strong FII flows and positive emotions in domestic equity markets.

However, the increase in global crude oil prices and a slightly strong greenback in the local unit faced moving forward, the foreign exchange traders said.

According to exchange data, foreign institutional investors (FII) bought a price of 12,594.38 crores on a pure basis on Thursday (June 26, 2025).

In the interbank foreign currency, the rupee opened at 85.50 at 85.50, which was more than 19 money than its previous bandh, before inch to 85.49. The local unit closed at 85.72 against the US dollar on Thursday.

“The rupee is expected to be within the range of 85.35-85.95 as an invited outflow to invite tomorrow (Thursday), we expect today (on Friday), although oil, RBI purchases, and dollars bought dollars may lead to an outflow,” Anil Kumar Bhansali, Finnary Kumar Bhansali, Finarex Treasury Edwers’ chief and working director LLPS LLPS LLPS LLPS LLPS Said.

The dollar index, which detects the strength of greenback against a basket of six currencies, was trading more than 0.10% at 97.24.

Global oil benchmark, Brent crude, after the previous session declined in the last season, became 0.47% per barrel in futures trade.

“Brent Oil prices increased slightly at some flexibility in American demand in Asian trade, but this week was determined for weekly losses as the Iran-Israeli’s ceasefire was removed after the Middle East demands after the ceasefire,” said Mr. Bhansali.

Meanwhile, in the domestic equity market, the sensex rose 229.22 points to 83,985.09 in the initial trade, while the Nifty increased by 73.5 points to 25,622.50.