Business • Jun 25, 2025

Rupee records largest 1-day increase in a month

The Indian rupee just had its best day in a month, rising by 77 paise against the US dollar.
This boost came right after US President Trump announced a ceasefire between Israel and Iran, which sent global crude oil prices tumbling.
The rupee closed at 85.9750 per dollar, giving the currency (and the economy) some breathing room.

TL;DR

Lower oil prices boost government bond yields

With oil prices falling from $82 to $68 per barrel, India gets a welcome break on import costs—always good news for everyone's wallet.
The lower oil prices also helped government bond yields dip slightly.
Analysts say these positive shifts, along with predictions of a $7 billion current account surplus next quarter, could signal better days ahead for the Indian economy.