Just as everything seemed lost for the rupee, it recovered some lost ground on September 3, 2025. The rupee recovered 9 paise to settle at 88.06 (provisional) against the USD today amid softening crude oil prices, positive domestic equities and weak US dollar index. However, forex traders expressed concerns over the constant losing grip of the rupee in the aftermath of hefty tariff trade imposed by the US on Indian shipments. The rupee commenced at 88.15 against the greenback at the interbank foreign exchange market. During the day, it witnessed an intraday high of 87.98 and a low of 88.19 before settling at 88.06.