Rupee falls 22 paise to settle at 86.02 in opposition to U.S. greenback

The rupee depreciated 22 paise and fell beneath 86 degree to shut at 86.02 (provisional) in opposition to the U.S. greenback on Monday (July 15, 2025) amid an increase in international crude oil costs and a strengthening buck.

Foreign fund outflows and delay in any breakthrough within the India-U.S. commerce deal additional pressured the native unit, in keeping with foreign exchange merchants.

At the interbank overseas alternate, the native unit opened at 85.96 and traded in a slender vary of 85.92-86.05 earlier than settling at 86.02 (provisional), down 22 paise from its earlier shut.

The rupee depreciated 10 paise to shut at 85.80 in opposition to the U.S. greenback on Friday.

“The Indian rupee again fell as India-U.S. trade deal was yet to be seen while U.S. President Donald Trump applied tariffs on the EU and Mexico, two of its biggest trading partners. Dollar index rose and kept the rupee lower for the entire day while Asian currencies were slightly weaker,” Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, stated.

The greenback index, which gauges the buck’s power in opposition to a basket of six currencies, rose 0.03% to 97.82.

Brent crude, the worldwide oil benchmark, rose 1.56% to $71.46 per barrel in futures commerce.

“The Reserve Bank of India [RBI] was present to protect the rupee while FPIs who were sellers of equity on Friday were dollar buyers, keeping rupee well bid for the whole day without any major correction. We expect the rupee to move between 85.75 and 86.25 on Tuesday as we await for U.S. CPI data,” he stated.

An Indian Commerce Ministry group reached Washington for one more spherical of talks on the proposed bilateral commerce settlement (BTA), in keeping with an official. The four-day talks will begin on Monday and conclude on Thursday.

On the home fairness market entrance, the Sensex declined 247.01 factors to settle at 82,253.46, whereas the Nifty dropped 67.55 factors to 25,082.30.

Wholesale value inflation (WPI) turned unfavorable after a spot of 19 months, declining 0.13% in June as deflation widened in meals articles and gas, together with softening in manufactured product prices, authorities information confirmed on Monday.

Foreign institutional buyers (FIIs) bought equities price ₹5,104.22 crore on a web foundation on Friday, in keeping with alternate information.

Further, the most recent RBI information launched on Friday confirmed India’s foreign exchange reserves dropped $3.049 billion to $699.736 billion within the week ended July 4.