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Rupee falls 7 paise to close at 88.03 against US dollar

Fri, 17 October 2025

18:59

The rupee pared initial gains and settled for the day lower by 7 paise at 88.03 (provisional) against the US dollar on Friday, weighed down by trade tensions and global uncertainties.

Forex traders said renewed foreign fund inflows and lower crude oil prices boosted investor sentiment further and restricted the downfall.

At the interbank foreign exchange, the rupee opened below the 88-mark at 87.91 against the greenback, and touched an intraday high of 87.75.

The domestic unit finally settled at 88.03 (provisional), registering a fall of 7 paise from its previous close.

On Thursday, the rupee appreciated 12 paise to close at 87.96 against the US dollar, logging gains for the second straight session.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.11 percent lower at 98.22. -- PTI

TOP STORIES

25 killed as Goa club blaze turns weekend bash into horror

A jampacked nightclub in North Goa turned into a death trap around midnight as a massive fire tore through it, claiming 25 lives and bringing to the fore illegalities along with the laxity of government officials in enforcing rules.

Goa fire: Nightclub jam-packed; victims trapped in kitchen

A fire at a nightclub in North Goa killed 23 people, many of whom were trapped in the kitchen while trying to escape. Fire safety violations are suspected.

Goa nightclub fire: 3 cooks from Jharkhand among dead

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IndiGo Crisis: 'Well-Orchestrated To Pressure Govt'

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