Rupee rises 3 paise to 89.95 against U.S. dollar in early trade

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The rupee roseate 3 paise to 89.95 against U.S. dollar successful aboriginal commercialized connected Tuesday (December 20, 2025), buoyed by a weaker greenback and beardown IIP numbers.

However, FII outflows, marginally higher crude lipid prices, and a weaker opening successful the home equity markets capped crisp gains successful the section unit, forex traders said.

At the interbank overseas exchange, the rupee opened astatine 89.98 against the US dollar earlier rising to 89.95, up 3 paise from its erstwhile close.

The rupee depreciated 8 paise to adjacent astatine 89.98 against the U.S. dollar connected Monday.

"The RBI (on Monday) protected the apical extremity of the curve portion FPIs who sold equities besides were dollar buyers, keeping bids connected for the afloat time and taking it astir to 90 levels," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.

Mr. Bhansali further cited beardown Index of Industrial Production (IIP) data, which was released connected Monday.

"The IIP came astatine a 25-month precocious of 6.7% for November against anticipation of 2.5% and past period maturation of 0.5%. The maturation during the twelvemonth has been 3.30% against 2.70% successful the past month," helium said.

Meanwhile, the dollar index, which gauges the greenback's spot against a handbasket of six currencies, was trading marginally down by 0.03% astatine 98.01.

Brent crude, the planetary lipid benchmark, was trading 0.03% higher astatine $61.96 per tube successful futures trade, amid bladed year-end trading and ongoing concerns astir planetary demand.

On the home equity marketplace front, the 30-share delicate scale Sensex declined 209.32 points to 84,486.22 successful aboriginal commercialized portion the Nifty was down 63.25 points to 25,878.85.

Foreign organization investors offloaded equities worthy ₹2,759.89 crore connected Monday, according to speech data.

Published - December 30, 2025 10:08 americium IST

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