The rupee rose eight paise against the USD to close at 88.21 (provisional) on October 29, 2025, amid a strong domestic market and optimism surrounding the possible trade deal between the US and India. According to forex traders, importer demand for dollars limited the rupee’s rise, which, otherwise, would have been a huge rally due to upbeat market sentiment, aided by reducing crude oil prices and renewed optimism over the trade deal. The rupee started at 88.21 at the interbank foreign exchange market and remained within 88.15-88.35. It finally ended its journey at where it began today, i.e., 88.21.