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The rupee traded in a slim vary and edged larger by 10 paise to 87.65 in opposition to the U.S. greenback in early commerce on Tuesday (August 12, 2025), amid a constructive pattern in home equities.

Forex merchants stated the rupee is buying and selling in a good vary and the general bias is anticipated to be damaging amid uncertainty over the commerce tariffs difficulty between India and the U.S.

Moreover, traders are in a wait-and-watch mode forward of the U.S. CPI inflation knowledge and are additionally awaiting cues from the US-Russia talks on August 15.

At the interbank international alternate market, the rupee opened at 87.70 in opposition to the U.S. greenback, then touched 87.65, registering a achieve of 10 paise over its earlier shut.

On Monday, the rupee settled for the day decrease by 17 paise at 87.75 in opposition to the U.S. greenback.

“For now, the rupee remains under depreciation pressure, with resistance seen in the 87.80–87.90 range. Support is holding firm at 87.50. A clear break on either side could decide whether the currency stabilises or slides further in the days ahead,” CR Forex Advisors MD Amit Pabari stated.

Meanwhile, Brent crude costs rose 0.33% to $66.85 per barrel in futures commerce. The greenback index, which gauges the buck’s power in opposition to a basket of six currencies, fell 0.03% to 98.49.

On the home fairness market entrance, Sensex climbed 66.28 factors to 80,670.36 in early commerce, whereas the Nifty was up 42.85 factors to 24,627.90.

Foreign Institutional Investors offloaded equities value ₹1,202.65 crore on Monday, based on alternate knowledge.

Published – August 12, 2025 10:16 am IST