Rupee recovers 15 paise from all-time low to 88.60 against U.S. dollar in early trade

The rupee recovered 15 paise from all-time debased to 88.60 against the U.S. dollar successful aboriginal commercialized connected Thursday (September 25, 2025), tracking the weakness of the American currency successful the overseas market.

Forex traders said the rupee is facing renewed strain this week, arsenic aggregate factors person combined to enactment unit connected the currency.

Factors similar H-1B visa interest hike, Trump tariffs and persistent overseas money outflows further dented investors' sentiments.

At the interbank overseas speech market, the rupee opened astatine 88.65 against the U.S. dollar, past touched 88.60, registering a summation of 15 paise from its erstwhile close.

On Wednesday (September 24, 2025), the rupee ended 2 paise down astatine its lowest-ever closing level of 88.75 against the U.S. dollar.

Forex traders said investors remained acrophobic implicit planetary commercialized uncertainties and interaction of US visa interest hike connected India's IT services exports.

Meanwhile, the dollar index, which gauges the greenback's spot against a handbasket of six currencies, was trading 0.13% little astatine 97.75.

Brent crude, the planetary lipid benchmark, was trading 0.36% little astatine $69.06 per tube successful futures trade.

On the home equity marketplace front, Sensex declined 141.32 points to 81,574.31 successful opening trade, portion the Nifty fell 22.4 points to 25,034.50.

Foreign Institutional Investors offloaded equities worthy ₹2,425.75 crore connected Wednesday (September 24, 2025), according to speech data.

"USD/INR is investigating cardinal levels, with absorption astatine 89.00–89.20 and enactment astatine 88.40. The up determination appears driven much by tariffs and visa interest hikes than by wide dollar strength. A adjacent beneath 88.20 would people the archetypal awesome of a imaginable inclination reversal, portion advancement connected commercialized talks oregon a softer dollar scale could enactment a rupee rebound," CR Forex Advisors MD – Amit Pabari said.