India

2025-08-13 21:50

IndustriaSharp Gains for Rupee on August 13, 2025
The rupee made its sharpest rise in over a month on August 13, 2025, amid a weaker dollar and the easing of domestic retail inflation to an eight-year low of 1.55% in July. The rupee closed at 87.43, rising 28 paise against the dollar, recording its best session since July 3, 2025. This is excellent news at a time when the rupee fell by 2.13% in the ongoing calendar year. The positive developments in the Russia-Ukraine conflict ahead of the Trump-Putin meeting on August 15 led to strong currency trading.
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Sharp Gains for Rupee on August 13, 2025
India | 2025-08-13 21:50
The rupee made its sharpest rise in over a month on August 13, 2025, amid a weaker dollar and the easing of domestic retail inflation to an eight-year low of 1.55% in July. The rupee closed at 87.43, rising 28 paise against the dollar, recording its best session since July 3, 2025. This is excellent news at a time when the rupee fell by 2.13% in the ongoing calendar year. The positive developments in the Russia-Ukraine conflict ahead of the Trump-Putin meeting on August 15 led to strong currency trading.
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