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Indian rupee appreciates on Tuesday
Aug-12-2025

Indian rupee appreciated against US dollar on Tuesday despite negative trend in domestic equities. Some support came as the government is working on measures to boost India's exports, including targeting 50 countries in regions such as the Middle East and Africa, amid the heavy tariffs imposed by the US on Indian goods. Traders overlooked report that foreign institutional investors (FII) were net sellers on yesterday’s trade, offloading equities worth Rs 1,202.65 crore. On the global front, euro weakened against other major currencies in the European session on Tuesday, after German economic confidence deteriorated sharply in August due to disappointing EU-US trade deal.

Finally, the rupee ended at 87.73 (Provisional), appreciated by 02 paise from its previous close of 87.75 on Monday. The currency touched a high and low of 87.73 and 87.59 respectively.

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