Rupee rises 4 paise to shut at 88.72 towards U.S. greenback

The rupee rebounded from its all-time low to shut 4 paise increased at 88.72 (provisional) towards the U.S. greenback on Friday (September 26, 2025), monitoring a weak buck towards main currencies abroad and a drop in world crude oil costs.

Unabated overseas capital outflows and risk-off sentiment within the home fairness market prevented a pointy rise within the native unit, whereas hopes of a breakthrough within the India-U.S. commerce talks supported the home forex, in keeping with foreign exchange merchants.

At the interbank overseas change, the rupee opened at 88.72 and traded in a slim vary of 88.67-88.73 earlier than settling at 88.72 (provisional), 4 paise increased than its earlier shut.

The rupee had slipped 1 paisa to shut at a recent lifetime low of 88.76 towards the American forex on Thursday (September 25, 2025).

“The Reserve Bank of India seems to have intervened heavily in the morning, allowing an opening of 88.68 for the rupee…Tariffs have been responsible for the constant fall in indices and rupee with Trump imposing 100% tariffs on pharma, furniture and trucks,” Anil Kumar Bhansali, head of treasury and government director, Finrex Treasury Advisors LLP, mentioned.

Meanwhile, India and the U.S. have determined to proceed their engagements to realize an early conclusion of a mutually useful commerce pact, in keeping with the Commerce Ministry.

Commerce and Industry Minister Piyush Goyal led a delegation of officers to the U.S. for the three-day commerce talks earlier this week.

Meanwhile, the greenback index, which gauges the buck’s power towards a basket of six currencies, was buying and selling 0.19% decrease at 98.37.

Brent crude, the worldwide oil benchmark, was buying and selling 0.39% increased at $69.15 per barrel in futures commerce.

On the home fairness market entrance, Sensex tanked 733.22 factors to settle at 80,426.46, whereas Nifty was down 236.15 factors to 24,654.70.

Foreign Institutional Investors offloaded equities price ₹4,995.42 crore on Thursday, in keeping with change knowledge.