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Rupee received the initial benefit and settled on a negative note for the day, on Thursday (August 14, 2025) against the US $ 87.57 (provisional) less than 10 money, as it came under pressure due to a constant dollar demand from importers.
Forex traders said that the rupee received the initial benefit on positive crude oil prices, dollar demand from importers and outflow of foreign funds.
In addition, there is a overall negative bias between uncertainties on the trade tariff issue between India and the United States.
In the interbank foreign currency, the domestic unit opened at 87.48 and 87.39 to 87.67 was reduced by 10 money from its previous bandh during the day before settling at 87.57 (provisional).
On Wednesday (August 13, 2025), the rupee appreciated 16 money at 87.47 against the US dollar.
According to Forex traders, investors are in a waiting-and-dagger mode in front of the US-Russia talks on August 15.
Meanwhile, Brent crude prices rose 0.49% to $ 65.95 per barrel in futures trade as the land acquired after falling too much in the previous session, the upcoming US-Russia talks increased the risk premium in the market.
The dollar index, which detects the strength of greenback against a basket of six currencies, fell 0.02% to 97.82.
In the domestic equity market, Sensex rose to 57.75 points to organize 80,597.66, while the Nifty closed at 11.95 points at 24,631.30.
According to exchange data, foreign institutional investors on Wednesday (August 13, 2025), launched a price of Rs 3,644.43 crore.
On the domestic macroeconomic front, S&P upgraded India’s sovereign credit rating with a stable approach to ‘BBB’ on Thursday (August 13, 2025), which citing political commitment to fiscal consolidation, cited political commitment to fiscal consolidation, to investigate inflation.
The impact of the US tariff on the Indian economy would be “managed”, S&P said, saying that 50% tariff (if imposed) on American exports will not “drag” the material on growth.
“India is relatively less dependent on trade and about 60% of the economic growth stems from domestic consumption,” said this.
The rating upgrade by the US-based agency comes a few days after US President Donald Trump dubbed India as a “dead economy”. Mr. Trump has imposed the highest 50% tariff on Indian goods from 27 August.
In addition, rating upgrade will help Indian companies in low lending costs in international markets.
Published – August 14, 2025 04:26 pm IST