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The rupee rebounded its all-time rebound, on Friday (September 26, 2025), in the initial trade, 6 money increased to 88.70 against the US dollar, amidst the expectations of a weak greenback and India-US trade deal success.
However, FII outflow, limited advantage to the local unit in association with increase in foreign currency, according to foreign exchange traders.
In the Interbank Foreign Exchange, the rupee rose to 88.70 at 88.70, which increased to 88.70, which was more than 6 money than its previous bandh.
The rupee slipped 1 Pisa on Thursday (September 25, 2025) to stop in a new lifetime of 88.76 against the American currency.
“Markets are waiting for RBI action on 1 October when MPC announced its rate’s decision between falling money and trade tariffs. The overall approach looks cautious, foreign fund flow with market sentiments, global risk environment, and policy uncertainties between India and India with a solution to policy uncertainties,” Anil Kumar Bhansali, Treasury and Executive Directors, Treasury and Executive Directors, Final, Final, Final, Final, Final, Final, Finals For the final, final, final, final, final, final.
The Indian team has returned from America after holding a trade talks with their American counterparts in New York.
Commerce and Industry Minister Piyush Goyal, who led the team, will return on Friday. The team reached New York on Monday to negotiate the proposed trade agreement between the two countries.
Negotiations are taking place at various levels, including both trade and non-business issues.
Meanwhile, the dollar index, which detects the strength of greenback against a basket of six currencies, was trading 0.17 percent less at 98.38.
Published – 26 September, 2025 10:20 AM IST
