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The rupee appreciated 9 paise to adjacent astatine 88.11 (provisional) against the U.S. dollar connected Friday (September 19, 2025), supported by optimism connected U.S.-India commercialized negotiations.
Likely involution by the Reserve Bank of India (RBI) besides helped the home portion successful controlling volatility and preventing a speedy depreciation, forex traders said.
At the interbank overseas exchange, the rupee opened astatine 88.22, past touched an intraday debased of 88.34 and a precocious of 88.06 against the greenback. The home portion yet settled astatine 88.11 (provisional), higher by 9 paise implicit its erstwhile close.
On Thursday, the rupee depreciated 35 paise to adjacent astatine 88.20 against the U.S. dollar.
There is optimism implicit U.S.-India commercialized negotiations aft Chief Economic Adviser V Anantha Nageswaran expressed optimism that the penal tariff imposed connected definite imports volition apt beryllium withdrawn aft November 30.
Mr. Nageswaran connected Thursday said helium expects that a solution to the tariff issues with the U.S. is apt to get successful the adjacent 8 to 10 weeks.
"I anticipation that the penal tariff would perchance beryllium removed by the extremity of November," helium said astatine an interactive league organised by Bharat Chamber of Commerce successful Kolkata connected Thursday.
Meanwhile, the dollar index, which gauges the greenback's spot against a handbasket of six currencies, roseate 0.17% to 97.51.
Brent crude, the planetary lipid benchmark, was trading 0.59% little astatine $67.04 per tube successful futures trade.
On the home equity marketplace front, Sensex fell 387.73 points to settee astatine 82,626.23, portion Nifty dropped 96.55 points to 25,327.05.
Foreign Institutional Investors bought equities worthy ₹366.69 crore connected a nett ground connected Thursday, according to speech data.
Meanwhile, commercialized talks betwixt India and the U.S. are progressing and are moving successful the close direction, Commerce and Industry Minister Piyush Goyal said connected Thursday.
He said Assistant U.S. Trade Representative for South and Central Asia Brendan Lynch was successful New Delhi connected September 16 for a daylong speech with the Indian authoritative team.
The talks were important arsenic the U.S. has imposed a steep 50% tariff connected Indian goods.
