Rupee rises 10 paise to settle at 87.78 towards U.S. greenback

The rupee appreciated 10 paise to shut at 87.78 (provisional) towards the U.S. greenback on Friday (October 24, 2025), supported by optimism round India-U.S. commerce talks and a decline in world crude oil costs.

However, FII outflows, a stronger greenback towards foreign currency echange, and a weak sentiment within the home fairness markets restricted sharp good points within the native unit, in keeping with foreign exchange merchants.

At the interbank international change, the rupee opened at 87.78 towards the U.S. greenback and traded within the vary of 87.63-87.85 earlier than settling at 87.78 (provisional), up 10 paise from its earlier shut.

The rupee appreciated 5 paise to shut at 87.88 towards the U.S. greenback on Thursday (October 23).

“The rupee traded on a positive note on optimism over the India-US trade deal…We expect the rupee to trade with a positive bias on a rise in risk appetite amid trade deal optimism and FDI inflows. Easing geopolitical tensions may also support the rupee,” Anuj Choudhary, Research Analyst, Currency and Commodities, Mirae Asset ShareKhan, mentioned.

“Investors remain cautious ahead of U.S. inflation data. USD/INR spot price is expected to trade in the range of ₹87.45 to ₹88.10,” he added.

Meanwhile, the greenback index, which gauges the buck’s power towards a basket of six currencies, was buying and selling 0.10% greater at 99.03.

Brent crude, the worldwide oil benchmark, was buying and selling decrease by 0.11 per cent at $65.92 per barrel in futures commerce.

On the home fairness market entrance, Sensex declined 344.52 factors to settle at 84,211.88, whereas the Nifty was down 96.25 factors to 25,795.15.

Foreign Institutional Investors bought equities price Rs 1,165.94 crore on Thursday (October 23), in keeping with change information.