Rupee Falls 8 Paise to Settle at 85.23 Against Us Dollar

Image for representation. , Photo Credit: Reuters
The Rupee Consolidated in a Narrow-Rage and Settled for the Day Lower by 8 Paise at 85.23 (Provisional) Against the Us Dollar on Tuesday (April 22, 2025), as the support from positive domestic domestic domestic domestic domestic domestic Negated by Dollar Short-Covering by Investors.
Forex traders said Foreign Fund Inflows Supported The Domestic Unit. However, a recovery in Crude Oil Pries DEND Investor Sentimen.
Moreover, Concerns Persisted Over Economic Headwinds from Tariffs and Us Monetary Policy that Cold Dampen Demand.
At the Interbank Foreign Exchange, The Domestic Unit Opened at 85.11 and Moved Between the intra-day high of 85.07 and the low of 85.23 Againback.
The unit ended the session at 85.23 (provisional), registering a loss of 8 paise over its previous closing level on Tuesday (Amber 22, 2025)
On Monday (April 21, 2025), The Rupee Appreciated 23 Paise to Settle at 85.15 Against the Us Dollar.
In the last five trading sessions, the Indian currency had added 155 paise since its april 9 closing mark of 86.68 against the greenback.
“We expect the rupee to trade with a positive bias on risk in Risk appetiite in global markets and fresh fii inflows. Weakness in the US dollar and overall weight Rupee. Said.
Meanwhile, the dollar index, which gauges the Greenback’s Strength Against a Basket of Six Currencies, was trading higher by 0.08% at 98.35.
Brent Crude, The Global Oil Benchmark, Rose 1.52% to $ 67.27 per barrel in futures trap.
In the domestic equity market, the 30-share bse sensex climbed 187.09 points, or 0.24%, to settle at 79,595.59, While The Nifty Rose 41.70 POINTS, or 0.17%, to 24,167.167.25.
Foreign Institutional Investors (FIIS) boght equities work Rs 1,970.17 Crore on a Net Basis on Monday, According to Exchange Data.
Published – April 22, 2025 04:41 pm IST