The rupee depreciated 12 paise to revisit its all-time low of 88.80 (provisional) against the U.S. dollar on Tuesday (October 14, 2025), weighed down by adverse home equities and in a single day features within the American foreign money.
Forex merchants stated 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 change, the rupee opened at 88.73 against the dollar and fell to an intraday low of 88.81 and a excessive of 88.73. It lastly closed the day at 88.80 against the dollar, 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 against the U.S. dollar.
Meanwhile, the dollar index, which gauges the dollar’s power against 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 consultants, U.S.-India commerce tariffs are the one level which is hurting traders’ sentiments.
A group 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 effectively, a high official stated on Monday (October 13, 2025).
In February this yr, leaders of the 2 international locations directed officers to negotiate 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,” stated 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 against 2.07% in August. It fell beneath the RBI inflation goal of 2%.
WPI inflation too cooled off to 0.13% in September in contrast to 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 price ₹240.10 crore on Monday, in accordance to change knowledge.
