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Forex merchants mentioned the rupee is going through renewed pressure this week, as a number of elements have mixed to place strain on the foreign money.
Factors like H-1B visa payment hike, Trump tariffs and chronic international fund outflows additional dented buyers’ sentiments.
At the interbank international alternate market, the rupee opened at 88.65 in opposition to the U.S. greenback, then touched 88.60, registering a acquire of 15 paise from its earlier shut.
On Wednesday (September 24, 2025), the rupee ended 2 paise down at its lowest-ever closing stage of 88.75 in opposition to the U.S. greenback.
Forex merchants mentioned buyers remained involved over world commerce uncertainties and affect of US visa payment hike on India’s IT companies exports.
Meanwhile, the greenback index, which gauges the buck’s energy in opposition to a basket of six currencies, was buying and selling 0.13% decrease at 97.75.
Brent crude, the worldwide oil benchmark, was buying and selling 0.36% decrease at $69.06 per barrel in futures commerce.
On the home fairness market entrance, Sensex declined 141.32 factors to 81,574.31 in opening commerce, whereas the Nifty fell 22.4 factors to 25,034.50.
Foreign Institutional Investors offloaded equities value ₹2,425.75 crore on Wednesday (September 24, 2025), in accordance with alternate knowledge.
“USD/INR is testing key levels, with resistance at 89.00–89.20 and support at 88.40. The up move appears driven more by tariffs and visa fee hikes than by broad dollar strength. A close below 88.20 would mark the first signal of a potential trend reversal, while progress on trade talks or a softer dollar index could support a rupee rebound,” CR Forex Advisors MD – Amit Pabari mentioned.
Published – September 25, 2025 10:08 am IST
