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Rupee appreciates against dollar on Wednesday amid optimism over India-US trade deal
Sep-17-2025

Indian rupee appreciated against the US dollar on Wednesday tracking a positive trend in domestic equities and supported by optimism over US-India trade negotiations. Traders got support as Commerce Ministry said that the discussions with visiting US Chief Negotiator Brendan Lynch on the proposed bilateral trade agreement were positive and forward looking. Besides, foreign investors bought shares worth Rs 308.32 crore on a net basis on Tuesday. On the global front, ringgit closed stronger on Wednesday, hitting a near one-year high against the greenback ahead of the United States (US) interest rate decision later in the day. 

Finally, the rupee ended at 87.85 (Provisional), appreciated by 24 paise from its previous close of 88.09 on Tuesday. The currency touched a high and low of 87.86 and 87.71 respectively.

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