2025-09-25 21:43
IndustrySmall Steps for Rupee on Sep 25
The rupee moved largely within a tight range to finish 7 paise up at 88.68 against the US dollar on September 25, 2025. The range-bound movement was largely due to suspected RBI intervention and weak domestic markets. The effect of the H-1B visa fee increase and rising crude oil prices continues to stop the rupee from making significant gains. However, the RBI’s intervention and the sale of US dollars by exporters prevented the rupee from sliding. The rupee commenced at 88.65, recorded an intraday low of 88.70 and a high of 88.60, and settled at 88.68.
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Small Steps for Rupee on Sep 25
India | 2025-09-25 21:43The rupee moved largely within a tight range to finish 7 paise up at 88.68 against the US dollar on September 25, 2025. The range-bound movement was largely due to suspected RBI intervention and weak domestic markets. The effect of the H-1B visa fee increase and rising crude oil prices continues to stop the rupee from making significant gains. However, the RBI’s intervention and the sale of US dollars by exporters prevented the rupee from sliding. The rupee commenced at 88.65, recorded an intraday low of 88.70 and a high of 88.60, and settled at 88.68.
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