The rupee rose 23 paise against the US dollar to finish at 87.36 (provisional) on August 18, 2025, buoyed by strong domestic equities. According to forex traders, the rupee moved positively following the GST reforms recommended by Prime Minister Narendra Modi while delivering the Independence Day Speech on August 15, 2025. However, uncertainty lingering over the trade tariff issue between the US and India will continue to make the road tricky for the rupee. The rupee began its journey with 87.46 against the USD at the interbank foreign exchange market on August 18, 2025. It touched an intraday low and high of 87.48 and 87.33, respectively, before closing at 87.36, recording a rise of 23 paise.