The rupee made a smart recovery after falling to a record level and settled 15 paise higher against the US dollar to close at 87.73 on August 6, 2025. Factors that led to the rupee’s recovery included a volatile greenback and the decision from the Reserve Bank of India (RBI) to hold interest rates steady. However, according to forex traders, the rising crude oil prices, uncertainties surrounding the US tariff on India, and negative domestic equity market sentiments did not allow the rupee to make more gains. The rupee, which opened at 87.72 at the interbank foreign exchange, remained within 87.63-87.80 during today before finishing 15 paise up at 87.73.