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Rupee fell 1 paisa to 88.75 versus the U.S. dollar in early trade on Tuesday (October 7, 2025 )in the middle of a strong American currency and unpredictabilities towering above the India-US trade offer.
According to forex traders, the Indian currency is under pressure due to unabated outflow of foreign capital and geopolitical advancements.
At the interbank forex market, the rupee opened somewhat greater at 88.72 versus the United States dollar, however quickly lost ground to trade at 88.75, down 1 paisa from its previous closing level.
On Monday (October 6, 2025), the rupee got 5 paise to settle at 88.74 versus the U.S. dollar.
The dollar index, which evaluates the greenback’s strength versus a basket of 6 currencies, was trading at 97.86, greater by 0.06%t.
Brent crude, the worldwide oil criteria, was trading 0.34 percent greater at USD 65.69 per barrel in futures trading.
External Affairs Minister S Jaishankar has actually stated that any trade offer in between India and the United States need to appreciate New Delhi’s “red lines”and efforts are underway to reach an understanding.
According to Jaishankar, there were “issues” in between India and the United States, and much of them were connected to the failure to tighten the proposed trade offer, even as he kept in mind that “there are things you can negotiate and there are things you can’t”
In the domestic equity markets, Sensex increased 93.83 points or 0.11% to 81,883.95 in the opening trade, while Nifty advanced 46.35 points or 0.18% to 25,124.00.
Foreign institutional financiers unloaded equities worth Rs 313.77 crore on a net basis on Monday, according to exchange information.
On the domestic macroeconomic front, the development of India’s services sector alleviated in September from the current high in August, as brand-new service and activity broadened at slower rates, according to a regular monthly study launched on Monday.
The seasonally changed HSBC India Services PMI Business Activity Index was up to 60.9 in September, from a 15-year high of 62.9 in August, amidst competitive conditions and cost-control steps.