At the interbank international alternate market, the rupee opened at 88.05 in opposition to the U.S. greenback, then touched 88.04, registering a acquire of 12 paise from its earlier shut. File | Photo Credit: Reuters
Forex merchants stated the rupee has confronted persistent strain from uneven flows and U.S. President Donald Trump’s tariff shocks.
Accordingly, the Reserve Bank of India has stepped up its presence within the offshore non-deliverable ahead (NDF) market to cushion volatility, they stated.
At the interbank international alternate market, the rupee opened at 88.05 in opposition to the U.S. greenback, then touched 88.04, registering a acquire of 12 paise from its earlier shut.
In the preliminary commerce, the home unit additionally touched 88.16 in opposition to the dollar.
On Monday (September 15, 2025), the rupee settled increased by 10 paise at 88.16 in opposition to the U.S. greenback.
“The key catalyst this week will probably be U.S.-India commerce talks in New Delhi,” CR Forex Advisors MD Amit Pabari stated, including that “if the discussions make actual progress, it might open the door to a breakthrough and provides the rupee much-needed assist, particularly with India’s fundamentals already displaying energy.”
Meanwhile, the greenback index, which gauges the dollar’s energy in opposition to a basket of six currencies, was buying and selling at 97.22, decrease by 0.08%.
Brent crude, the worldwide oil benchmark, was buying and selling 0.25% increased at $67.61 per barrel in futures commerce.
On the home fairness market entrance, Sensex climbed 201.69 factors to 81,987.43 in early commerce, whereas the Nifty was up 52.8 factors to 25,122.
Foreign Institutional Investors offloaded equities value ₹1,268.59 crore on a web foundation on Monday (September 15, 2025), in accordance with alternate information.
Meanwhile, the Trump administration’s chief negotiator Brendan Lynch will maintain a day-long discuss on the India-U.S. bilateral commerce deal on Tuesday (September 16, 2025).
Five rounds of negotiations for the India-U.S. Bilateral Trade Agreement (BTA) have been held, and the sixth spherical of talks, scheduled from August 25-29, was postponed following the imposition of fifty% tariffs on Indian items by the U.S.
India’s exports have been affected following the imposition of fifty% tariffs on shipments to the U.S.
Last week, Prime Minister Modi had reacted warmly to U.S. President Donald Trump’s constructive evaluation of commerce talks between the 2 nations, expressing confidence that the continued negotiations will pave the way in which for unlocking the limitless potential of the partnership between them.
Published – September 16, 2025 10:41 am IST
