The rupee jumped 12 paise against the USD to close at 87.53 on August 1, 2025, amid lower crude prices and suspected RBI interventions on the back of rising concerns over a wider global trade disruption following new tariffs announced by the US administration. According to forex traders, the imposition of a 25% tariff on Indian exports caused risk-off sentiment and raised concerns of further depreciation of the rupee. The day began with the rupee opening at 87.60 against the greenback at the interbank foreign exchange. It touched an intra-day high of 87.20 before settling at 87.53, rising 12 paise over the previous closing price.