Representative image | Photo Credit: Reuters
The rupee recovered 88.00 to 15 money from its all -time low level against the US dollar on Wednesday (September 3, 2025), as the outflow of foreign funds and dollars weighing continuously on investor emotions.
Forex traders stated that the rupee is trading near an all-time low, operated by risks, powered by risks, amidst the uncertainty of the Indo-US trade deal.
In addition, a silent trend in domestic equity carried forward the sentiments of investors.
In the Interbank Foreign Exchange Market, the rupee opened at 88.15 against the US dollar, then touched 88.00, recorded a profit of 15 money from its previous close.
On Tuesday (September 2, 2025), the rupee dropped 5 money at the lowest level of 88.15 against the US dollar.
The rupee opened a little on the positive side, but it could be pushed back by purchasing the dollar, the Treasury’s lead and executive director Finerex Treasury Advisors LLP Anil Kumar Bhansali said.
“The Competitive Commission has approved shares of $ 1.6 billion purchased by SMBC Bank, we may soon expect to hit the market to keep the rupee stable, but within the range of 87.80 to 88.30 with a watch on RBI, within the range of 87.80 to 88.30 with a watch on RBI, whether it holds a tab at 88.30 within the range of 87.80 to 88.30 with a watch.
Meanwhile, the dollar index, which detects the strength of greenback against a basket of six currencies, was trading at 98.48, which was more than 0.09%. Global Oil Benchmark Brent crude was trading at $ 68.95 per barrel in futures trade.
On the domestic equity market front, Sensx declined by 153.28 points in the initial trade, while the Nifty fell 46.4 points to 24,533.20.
According to exchange data, foreign institutional investors launched the price of ₹ 1,159.48 crore on Tuesday (September 2, 2025).
Published – September 03, 2025 10:02 am IST
