Rupee recovers 75 paise from all-time low to shut at 88.06 towards U.S. greenback

The rupee bounced again sharply by 75 paise to shut at 88.06 (provisional) towards the U.S. greenback on Wednesday (October 15, 2025), posting its greatest intraday achieve in practically 4 months, on account of seemingly intervention by the RBI and a surge within the home markets.

Forex merchants mentioned home markets surged practically 0.70% on optimism over commerce talks between India and the U.S., which mirrored within the USD/INR pair.

Moreover, a weak U.S. Dollar and an in a single day decline in crude oil costs additionally supported the rupee.

At the interbank international trade, the rupee opened at 88.74 towards the buck and fell under the 88-mark through the session, touching a excessive of 87.93 per greenback. The home unit lastly settled at 88.06 towards the buck, registering an increase of 75 paise over its earlier shut.

On Tuesday (October 14), the rupee depreciated by 13 paise to shut at an all-time low of 88.81 towards the U.S. greenback.

“We anticipate the rupee to commerce with a constructive bias on total weak spot within the U.S. greenback and underlying power within the home markets. Broad weak spot in world crude oil costs and contemporary international inflows may assist the rupee. USD/INR spot value is predicted to commerce in a variety of 87.70 to 88.40,” mentioned Anuj Choudhary, Research Analyst, Currency and Commodities, Mirae Asset ShareKhan.

Meanwhile, the greenback index, which gauges the buck’s power towards a basket of six currencies, was buying and selling 0.22% decrease at 98.82.

Brent crude, the worldwide oil benchmark, was buying and selling 0.19% decrease at $62.27 per barrel in futures commerce.

On the home fairness market entrance, Sensex jumped 575.45 factors to settle at 82,605.43, whereas Nifty surged 178.05 factors to 25,323.55.

Foreign Institutional Investors bought equities price ₹1,508.53 crore on Tuesday (October 14), in accordance with trade knowledge.

Meanwhile, India’s exports grew by 6.74% to $36.38 billion in September regardless of world headwinds. Imports jumped 16.6% to $68.53 billion.

The nation’s commerce deficit stood at $32.1 billion through the month, in accordance with the commerce ministry knowledge.