Rupee declines 27 paise to shut at 87.52 in opposition to U.S. greenback

The rupee fell 27 paise to shut at 87.52 (provisional) in opposition to the dollar on Friday (August 22, 2025) as home fairness markets ended weaker and the U.S. greenback strengthened forward of the speech of Fed Chairman Jerome Powell.

However, influx of international funds and a drop in Brent crude costs supported the home unit at decrease degree.

At the interbank international alternate, the native unit opened at 87.37 in opposition to the dollar and traded within the vary of 87.32-87.55 earlier than settling at 87.52 (provisional), down 27 paise from its earlier shut.

The rupee pared preliminary features on Thursday (August 21, 2025) to settle decrease by 18 paise at 87.25 in opposition to the dollar.

“The rupee continued to weaken for a second day against the U.S. dollar mainly on account of the strength of the U.S. dollar ahead of the speech of Fed Chairman Powell and renewed concerns over steep US tariffs on Indian exports,” Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, mentioned.

“Oil importers have stepped up their dollar buying, adding to the demand from importers who were hedging for a short term after finding rupee above 87 in the last four days. Foreign banks were sellers but the overall trend has been a modest decline in the rupee’s value,” he mentioned.

Meanwhile, the greenback index, which gauges the dollar’s power in opposition to a basket of six currencies, gained 0.11% to 98.72.

Brent crude, the worldwide oil benchmark, was buying and selling 0.31 per cent down at $67.46 per barrel in futures commerce.

On the home fairness market entrance, Sensex tanked 693.86 factors to settle at 81,306.85, whereas Nifty was down 213.65 factors to 24,870.10.

Foreign Institutional Investors bought equities price ₹1,246.51 crore on Thursday (August 21, 2025), in accordance with alternate information.