India
2025-10-06 19:52
IndustryA Flat Trading Session for Rupee Against USD
The Indian rupee closed flat against the USD at 88.79 on October 6, 2025, as foreign funds came to lift domestic equity markets, which have been witnessing a myriad of initial public offerings (IPOs). As per news reports, the rupee has fallen 3.71% so far in 2025, even hitting its lowest point of 88.80 last week. The IPOs in action, currently, is Tata Capital’s INR 15,511.90 crore. Tomorrow, the market will see an INR 11,600 crore IPO by the India division of LG Electronics.
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A Flat Trading Session for Rupee Against USD
The Indian rupee closed flat against the USD at 88.79 on October 6, 2025, as foreign funds came to lift domestic equity markets, which have been witnessing a myriad of initial public offerings (IPOs). As per news reports, the rupee has fallen 3.71% so far in 2025, even hitting its lowest point of 88.80 last week. The IPOs in action, currently, is Tata Capital’s INR 15,511.90 crore. Tomorrow, the market will see an INR 11,600 crore IPO by the India division of LG Electronics.
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