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The rupee appreciated the 18 money against the US dollar on Monday (August 25, 2025) against the US dollar, supported by a positive domestic equity, even external risks have been elevated.
Foreign currency traders said that the direction of the near-period of the rupee would depend on two major events-the implementation of the tariff on August 27 and the Federal Reserve’s 17 September meeting the US economic data before the 17 September meeting.
In interbank foreign currency, the rupee opened at 87.38, then touched the initial high of 87.34, recorded 18 money benefits from its previous nearly.
On Friday, the rupee closed at 87.52 against Greenback at 27.52.
The rupee continued its weakness against the dollar on Friday (August 22, 2025) and opened up slightly more on Monday (August 25, 2025) as the US-India trade tension continues to obstruct its value amidst expectations of a fed rate cut, Anil Kumar Bhansali, the Treasury’s Chief and Executive Director Faneux Treasury Advisors said LLP.
“The RBI seems to be actively intervene to curb excessive depreciation,” Mr. Bhansali said, the local unit may be under pressure on August 27 by the Trump administration to accelerate the outfits due to the 25 BPS additional trade tariff.
Meanwhile, Republican leader Nikki Haley has said that India should take seriously the concerns of President Donald Trump on their purchase of Russian crude oil and work with the White House to find a solution to the issue.
The Trump administration is seriously important for India for the purchase of concessional crude oil from Russia. Interestingly, Washington is not criticizing China, which is the biggest importer of Russian crude oil.
Defending its purchase of Russian crude oil, India is ensuring that its energy purchase is inspired by national interest and market dynamics.
Meanwhile, the dollar index, which detects the strength of greenback against a basket of six currencies, rose 0.15% to 97.86 after rapidly dropped last week due to a signal in the possible rate of US Fed.
Fed president Jerome Powell’s comments at Jackson Hole indicated that the rate cuts could be considered as a risk in the creation of the US labor market, leading to 87% of the 25 BPS rate cut.
Global Oil Benchmark Brent crude, futures trading 67.80 per barrel USD 67.80 was trading 0.10 percent more than USD, as an US rate cut reduced the approach to demand global growth and fuel.
On the domestic equity market front, the sensex rose to 81,592.47 at 285.62 points in the initial trade, while the Nifty rose 91.25 points to 24,961.35.
According to exchange data, foreign institutional investors launched a price of ₹ 1,622.52 crore on Friday (August 22, 2025).
Meanwhile, according to RBI data released on Friday, India’s foreign exchange reserves rose $ 1.488 billion to $ 695.106 billion during the week ended August 15.
In the last reporting week, the overall reserves rose $ 4.747 billion to $ 693.618 billion.
Published – August 25, 2025 10:12 AM IST
