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Rupee appreciates against dollar on Monday
Sep-15-2025

Indian rupee appreciated against the US dollar on Monday amid hopes of a Fed rate cut. Traders overlooked the report that India's wholesale price index (WPI) inflation saw an increase in the month of August, reaching to 0.52%. The rise is attributed to slight increases in the prices of non-food articles, minerals and food articles. Besides, India’s retail inflation in August rose slightly to 2.07 per cent from 1.61 per cent in the preceding month, mainly due to increase in prices of vegetables, meat and fish. On the global front, British pound strengthened against other major currencies in the European session on Monday, as investors awaited the Federal Reserve's (Fed) and the Bank of England's (BoE) monetary policy announcements on Wednesday and Thursday.

Finally, the rupee ended at 88.16 (Provisional), appreciated by 10 paise from its previous close of 88.26 on Friday. The currency touched a high and low of 88.30 and 88.13 respectively.

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