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Rupee Gains 19 Paise Against US Dollar, Closes at 95.80 Amid Improved Global Sentiment
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News18•25-09-2026, 16:15
Rupee Gains 19 Paise Against US Dollar, Closes at 95.80 Amid Improved Global Sentiment
- •The Indian rupee appreciated by 19 paise, closing at 95.80 against the US dollar on Friday, driven by improved global risk sentiment and potential Reserve Bank intervention.
- •Despite the gains, the rupee's rise was limited by US dollar demand from local importers, high crude prices, and a stronger greenback influenced by hawkish Federal Reserve signals.
- •The rupee opened at 95.92, touched an intraday low of 95.94, but recovered to settle at 95.80, marking a 19 paise increase from its previous close of 95.99.
- •Analysts anticipate the rupee to trade with a slight positive bias, supported by optimism over a proposed US-Iran deal, falling crude oil prices, and a weaker dollar.
- •India's economic stability is bolstered by foreign exchange reserves near USD 781 billion and strategic policies, cushioning the domestic economy from global energy price shocks.
Key Questions Answered
The rupee appreciated 19 paise to close provisionally at 95.80 against the US dollar on Friday, holding above the 96-mark.
Gains in the rupee were capped by US dollar demand from local importers, high crude oil prices, and a stronger greenback driven by hawkish Federal Reserve signals.
On the domestic equity market front, the Sensex rose 315.20 points to settle at 73,895.74, while the Nifty settled 77.40 points higher at 23,140.50.
