India

2025-10-14 21:15

IndustryLoss of Steam for Rupee on Oct 14, 2025
It was back to the usual scenario for rupee today (October 14, 2025) after a couple of winning sessions as the domestic currency shed 12 paise to again hit an all-time low of 88.80 (provisional) against the USD. The negative domestic equities and overnight American currency gains led to the rupee’s fall today. The fall could have been even more if not for a decline in crude oil prices and the emergence of reports surrounding RBI intervention. While the rupee began at 88.73 against the USD at the interbank foreign exchange today, it slipped to an intraday low of 88.81. It finished at 88.80, recording a loss of 12 paise.
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Loss of Steam for Rupee on Oct 14, 2025
India | 2025-10-14 21:15
It was back to the usual scenario for rupee today (October 14, 2025) after a couple of winning sessions as the domestic currency shed 12 paise to again hit an all-time low of 88.80 (provisional) against the USD. The negative domestic equities and overnight American currency gains led to the rupee’s fall today. The fall could have been even more if not for a decline in crude oil prices and the emergence of reports surrounding RBI intervention. While the rupee began at 88.73 against the USD at the interbank foreign exchange today, it slipped to an intraday low of 88.81. It finished at 88.80, recording a loss of 12 paise.
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