Rupee falls 12 paise to revisit all-time low of 88.80 in opposition to US greenback

The rupee depreciated 12 paise to revisit its all-time low of 88.80 (provisional) in opposition to the U.S. greenback on Tuesday (October 14, 2025), weighed down by unfavorable home equities and in a single day features within the American foreign money.

Forex merchants mentioned overseas fund outflows amid a risk-off mode globally additional dented investor sentiment.

However, a decline in crude oil costs and studies of RBI intervention supported the native unit and restricted the slide.

At the interbank overseas trade, the rupee opened at 88.73 in opposition to the buck and fell to an intraday low of 88.81 and a excessive of 88.73. It lastly closed the day at 88.80 in opposition to the buck, registering a decline of 12 paise over its earlier shut of 88.68.

On September 30, the rupee had fallen to an all-time low of 88.80 in opposition to the U.S. greenback.

Meanwhile, the greenback index, which gauges the buck’s power in opposition to a basket of six currencies, was buying and selling 0.10% greater at 99.36.

Brent crude, the worldwide oil benchmark, was buying and selling decrease by 2.15% at $61.99 per barrel in futures commerce.

According to some specialists, U.S.-India commerce tariffs are the one level which is hurting traders’ sentiments.

A crew of senior officers from India will go to the U.S. this week for commerce talks, and negotiations on the proposed bilateral commerce settlement are progressing properly, a prime official mentioned on Monday (October 13, 2025).

In February this yr, leaders of the 2 nations directed officers to barter a proposed Bilateral Trade Agreement (BTA).

It was deliberate to conclude the primary tranche of the pact by the autumn (October-November) of 2025.

So far, 5 rounds of negotiations have been accomplished.

“A weak tone in global crude oil prices and FII inflows may favour the rupee. The U.S. government shutdown and rising odds of a rate cut by the U.S. Federal Reserve may further weigh on the U.S. Dollar. USD/INR spot price is expected to trade in a range of 88.50 to 89,” mentioned Anuj Choudhary, analysis analyst, foreign money and commodities, Mirae Asset ShareKhan.

On the home macroeconomic knowledge entrance, India’s CPI inflation cooled off to an 8-year low at 1.54% in September in opposition to 2.07% in August. It fell beneath the RBI inflation goal of two%.

WPI inflation too cooled off to 0.13% in September in comparison with 0.52% in August.

On the home fairness market entrance, Sensex dropped 297.07 factors to shut at 82,029.98, whereas the Nifty declined 81.85 factors to 25,145.50.

Foreign Institutional Investors bought equities value ₹240.10 crore on Monday, in line with trade knowledge.