Rupee jumps 21 paise to 88.56 against U.S. dollar in early trade

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The rupee rebounded from grounds debased level and gained 21 paise to 88.56 against the U.S. dollar successful aboriginal commercialized connected Tuesday (November 4, 2025) connected the backmost of little crude lipid prices overseas.

The Indian currency, however, remained nether unit owed to a beardown dollar and outflow of overseas money from superior market, forex traders said.

At the interbank overseas exchange, the rupee opened astatine 88.55 and past traded astatine 88.56 against the greenback successful aboriginal deals, sharply higher by 21 paise from its erstwhile closing level.

On Monday (November 3), the home unit, declining for the 3rd consecutive session, ended 7 paise little astatine 88.77 against the US dollar, adjacent its all-time closing level.

The rupee had recorded its lowest-ever closing level of 88.81 against the dollar connected October 14.

Meanwhile, the dollar index, which gauges the greenback's spot against a handbasket of six currencies, roseate 0.04% to 99.75.

Brent crude, the planetary lipid benchmark, was down 0.32% to $64.68 per tube successful futures trading.

In the home equity market, Sensex fell 55 points to 83,923.48 successful aboriginal commercialized portion Nifty declined 40.95 points to 25,722.40.

Foreign organization investors sold equities worthy Rs 1,883.78 crore connected Monday (November 3), according to speech data.

A monthly survey released connected Monday (November 3) showed India's manufacturing assemblage enactment strengthened successful October, buoyed by Goods and Services Tax relief, productivity gains and tech investment, adjacent arsenic planetary income accrued astatine a weaker pace.

The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) roseate from 57.7 successful September to 59.2 successful October, indicating a quicker betterment successful the sector's health.

Published - November 04, 2025 10:20 americium IST

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