Rupee hits 1-month high against US dollar

Business Oct 20, 2025

The Indian rupee just climbed to 87.88 against the US dollar—its strongest level in a month—thanks to fresh foreign investments and a dip in global oil prices.
The currency traded in a tight range during early Monday hours, showing some stability after recent ups and downs.

Domestic factors boost rupee

A strong day for Indian stocks gave the rupee an extra lift, with the Sensex soaring by 668.88 points and the Nifty advancing by 202.25 points.
Analysts, including VK Vijayakumar, noted that sustained DII buying and reduced FII selling played a big role.
Meanwhile, a slight uptick in the dollar index and lower Brent crude prices also helped the rupee hold its ground.