The rupee pared its preliminary positive factors and settled for the day 1 paisa increased at 86.40 (provisional) against the U.S. dollar on Thursday (July 24, 2025), as danger aversion in international markets and an in a single day restoration in crude oil costs dented buyers’ sentiments.
Forex merchants mentioned uncertainty over the India-U.S. commerce deal has been an overhang for the foreign exchange market, leaving the rupee buying and selling in a decent vary. Moreover, a unfavorable pattern in home equities and international fund outflows weighed on buyers’ sentiments and restricted the upmove of the native unit.
At the interbank international trade, the home unit opened at 86.33 against the dollar and touched an intra-day excessive of 86.24 and a low of 86.42.
At the tip of Thursday’s buying and selling session, the native unit settled at 86.40 (provisional), increased by 1 paisa over its earlier closing worth.
On Wednesday, the rupee settled with a lack of 3 paise at 86.41 against the dollar.
“We expect the rupee to trade with a slight negative bias amid geopolitical tensions between Thailand and Cambodia and positive crude oil prices. FII outflows may also weigh on the rupee,” Anuj Choudhary – Research Analyst at Mirae Asset Sharekhan mentioned.
(*1*) Mr. Choudhary mentioned.
Meanwhile, the dollar index, which gauges the dollar’s energy against a basket of six currencies, rose 0.16% to 97.36, as buyers watched out for an India-U.S. commerce deal forward of the August 1 deadline.
If the discussions fail or get delayed, Indian exporters might face contemporary strain — including to the rupee’s challenges.
However, if a deal is reached, it might supply a much-needed breather. Until then, the uncertainty is probably going to preserve market contributors cautious.
Brent crude, the worldwide oil benchmark, went up by 1.18% to $69.32 per barrel in futures commerce.
The U.S. workforce will go to India in August for the following spherical of negotiations for the proposed bilateral commerce settlement between the 2 nations.
India and the U.S. groups concluded the fifth spherical of talks for the settlement final week in Washington.
Meanwhile, within the home fairness market, Sensex fell 542.47 factors, or 0.66%, to settle at 82,184.17, whereas Nifty declined 157.80 factors, or 0.63%, to close at 25,062.10.
Foreign institutional buyers (FIIs) offloaded equities value ₹4,209.11 crore on a web foundation on Wednesday, in accordance to trade information.
