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However, FII outflows, coupled with an increase in worldwide crude oil costs restricted features for the native unit, in line with foreign exchange merchants.
At the interbank overseas trade, the rupee opened at 88.72 earlier than rising to 88.70, larger by 6 paise from its earlier shut.
The rupee had slipped 1 paisa to shut at a recent lifetime low of 88.76 towards the American forex on Thursday (September 25, 2025).
“Markets await for RBI action on October 1 when the MPC announces its rate decision amidst a falling rupee and trade tariffs uncertainties. The overall outlook looks cautious, with market sentiment closely tied to foreign fund flows, global risk environment, and resolution of policy uncertainties between India and US,” Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, mentioned.
The Indian group has returned from the US after holding commerce talks with their American counterparts in New York.
Commerce and Industry Minister Piyush Goyal, who led the group, shall be again on Friday. The group arrived in New York on Monday to carry talks over the proposed commerce settlement between the 2 nations.
The talks are happening at varied ranges, encompassing each commerce and non-trade points.
Meanwhile, the greenback index, which gauges the buck’s power towards a basket of six currencies, was buying and selling 0.17 per cent decrease at 98.38.
Published – September 26, 2025 10:20 am IST
