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The rupee shut down 52 money at 87.70 (provisional) against the US dollar on Monday (August 4, 2025), as the outflow of foreign funds and trade tariff uncertainties promoted investors’ spirit.
Forex traders stated that US President Donald Trump’s tariff triggered fresh concerns over very widespread disruption in the global trade scenario.
The domestic currency declined during the demand for dollars from oil marketing companies (OMCs).
In the interbank foreign currency, open at 87.21 against the domestic unit Greenback, touched the lower part of an inter-direction of 87.70 against the American currency.
At the end of Monday’s trading session, the domestic unit was at 87.70 (provisional), below its previous bandh below 52 money.
On Friday, the rupee recovered faster and over the US dollar, 47 money over 87.18 ended.
“We hope that the rupee will remain weak amid uncertainty on the Indo-American trade deal and FII outflow. However, the US can support the rupee at a low level amid weak economic data between dollar weakness on rate expectations,” said the research analysts, commodities and currencies, mirror asset sharekhan.
Chaudhary said, “Traders can take hints from factory order data from the US.
RBI Governor Sanjay Malhotra-Headed Rate-Setting Panel on Monday launched a three-day discussion to decide the next biping monetary policy.
The six-member Monetary Policy Committee (MPC) is scheduled to declare the next biping policy rate on Wednesday (6 August).
Meanwhile, Brent crude prices fell by 1.06% to $ 68.93 per barrel in futures, as OPEC+ agreed to increase a production in September this year, while a cooling was also weighed on the American economy and trade tariffs.
The dollar index, which gau out the strength of greenback against a basket of six currencies, fell 0.37% to 98.77, “US dollars fell on Friday as per the non-army payroll report amidst disappointing economic data from the US, the US included 74,000 jobs in July 2025.
In the domestic equity market, 30-cheer BSE Sensex closed 418.81 points, or 0.52%, 81,018.72, while Nifty rose 157.40 points or 0.64%, settled at 24,722.75.
According to exchange data, foreign institutional investors (FII) on Friday launched the price of 3,366.40 crores on a pure basis.
Published – August 04, 2025 04:45 pm IST