Rupee falls 6 paise to 87.69 in opposition to U.S. greenback in early commerce

A person speaks on his cell phone subsequent to an set up of the Rupee emblem and Indian forex cash exterior the Reserve Bank of India (RBI) headquarters in Mumbai, India, August 1, 2025. | Photo Credit: Reuters

The rupee traded in a good vary and slipped 6 paise to 87.69 in opposition to the U.S. greenback in morning commerce on Wednesday (August 13, 2025) as depreciation pressures are nonetheless lingering amid persistent international fund outflows.

Forex merchants mentioned the rupee is buying and selling in a slim vary because the Reserve Bank of India has stepped up its efforts to curb extreme rupee depreciation.

At the interbank international trade market rupee opened at 87.63, then touched an intra-day low of 87.69 in opposition to the U.S. greenback in preliminary commerce, decrease by 6 paise from its earlier shut.

On Tuesday (August 12, 2025), the rupee appreciated 12 paise to shut at 87.63 in opposition to the U.S. greenback.

In preliminary commerce, the rupee touched an early excessive of 87.61 in opposition to the dollar.

Following the U.S. CPI launch, the likelihood of a Fed price reduce on September 17 rose sharply to 90% from 82%, CR Forex Advisors MD Amit Pabari mentioned.

The greenback index, which gauges the dollar’s power in opposition to a basket of six currencies, declined 0.08% to 98.01, as markets continued to cost in a September U.S. price reduce.

Brent crude, the worldwide oil benchmark, was up 0.09% at $66.18 per barrel in futures commerce.

On the home entrance, India’s July retail inflation cooled sharply to 1.55%, marking the bottom stage since June 2017.

“Price pressures undershooting the Reserve Bank of India’s inflation target are paving the way for more interest rate cuts this year, adding downward pressure on the rupee,” Mr. Pabari mentioned.

“Amidst pressures, the Reserve Bank of India has reportedly stepped up its efforts to curb extreme rupee depreciation, promoting at the least $5 billion in each onshore and offshore markets this month.

“While these interventions have provided short-term relief, persistent headwinds, including escalated trade tensions from higher U.S. tariffs, continue to leave the rupee vulnerable and depreciation risks alive,” he added.

On the home fairness market entrance, the Sensex climbed 327.79 factors to 80,563.38 in early commerce, whereas the Nifty was up 112.15 factors to 24,599.55.

Foreign Institutional Investors offloaded equities value ₹3,398.80 crore on Tuesday, in keeping with trade information.

Published – August 13, 2025 11:12 am IST