Rupee hits recent low, closes 15 paise down at 88.27 in opposition to U.S. greenback

The rupee declined 15 paise to shut at an all-time low of Rs 88.27 (provisional) in opposition to the U.S. greenback on Friday (September 5, 2025) amid sustained outflow of international funds and concern of further U.S. tariffs in opposition to India.

A weak dollar and falling crude oil costs failed to stop the autumn in native unit, foreign exchange merchants stated.

At the interbank international alternate, the rupee opened at 88.11 in opposition to the U.S. greenback and touched the lowest-ever intra-day stage of 88.38 earlier than ending the session at a recent all-time low closing mark of 88.27 (provisional), down 15 paise from its earlier shut.

The native unit misplaced 10 paise to shut at 88.12 in opposition to the U.S. greenback on Thursday (September 4, 2025). The earlier all-time low for the rupee in opposition to the U.S. greenback was at 88.15 on September 2.

“The rupee fell to its record low on rumour of the Trump administration imposing tariffs on the Indian IT sector, taking shares down and USD/INR pair up. However, as news agencies denied the rumour, the rupee recovered slightly though the dollar was still well bid at 87.25 levels,” Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, stated.

“The markets anticipated that the Reserve Bank of India (RBI) had strongly intervened to keep the rupee up. The rupee has suffered following US President Donald Trump’s tariff announcements, and has not been able to recover despite a fall in the US dollar index and rise in Asian currencies, particularly the yuan, with FPIs remaining constant sellers of the currency and equity markets,” he stated.

Meanwhile, the greenback index, which gauges the dollar’s energy in opposition to a basket of six currencies, fell 0.31 per cent to 98.03.

Brent crude, the worldwide oil benchmark, was buying and selling 0.25% decrease at $ 66.82 per barrel in futures commerce.