Rupee recovers 14 paise from its all-time low to 87.66 against U.S. dollar in early trade


The image used only for the representation purpose.

The image used only for the representation purpose. , Photo Credit: Reuters

After US President Donald Trump’s 25% tariffs and a fine for purchasing Russian raw and weapons, on Thursday (July 31, 2025), on suspected RBI intervention, its all -time was recovered from the US dollar at least 87.66 to 14 money from 87.6 to 87.66.

Forex traders stated that the rupee, which submerged 89 money, logged out its most difficult single-day decline in three years, recovered some lost ground, but is trading with a negative bias.

In the interbank foreign currency, the rupee opened at 87.66, then touched an early low of 87.74 against the US dollar.

On Wednesday (July 30, 2025), the rupee closed at a low of all time of 87.80 against the US dollar, when the US announced 25% tariff on Indian imports in the absence of a trade deal before the August 1 deadline.

The rupee that is already less than 3% after the beginning of the year after reaching a high level of 83.75 in the month of April, continued to fall on the news of Trump’s 25% tariffs and a fine for buying Russian crude and weapons, “Anil Kumar Bhansali said that Treasury and Executive Director and Executive Director LLP.

The dollar index, which detects the strength of greenback against a basket of six currencies, fell 0.03 percent to 99.78.

Brent oil prices fell 0.19% to $ 73.10 per barrel.

Meanwhile, the US Fed kept the interest rates stable and indicated that it is too early to consider the rate cut, which has supported the dollar throughout the month of July.

Bhansali said, “RBI Ruk -Ruk -Ruk -Ruk -Ruk -Ruk -Ruk -Russian -Russian -Russian shopping in Russia and controlling oil companies, Trump tariffs on Russia are in place after about 10 days, were unable to make any headway.”


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