HOME > MARKETS > DEBT MARKET
  DEBT MARKET
MONEY MARKETS
Rupee ends marginally lower on Friday
Oct-17-2025

Indian rupee pared initial gains and settled for the day marginally lower against the US dollar on Friday, weighed down by trade tensions and global uncertainties. However, renewed foreign fund inflows and lower crude oil prices restricted the downfall. Some support also came with Commerce and Industry Minister Piyush Goyal stating that India has implemented a number of free trade agreements (FTAs) with developed nations and is in active dialogue for such pacts with nations including the US, Oman, and the EU. On the global front, the U.S. dollar fell further on Friday, set for a hefty weekly drop, as signs of banking weakness added to expectations of further interest rate cuts by the Federal Reserve this year.

Finally, the rupee ended at 88.01 (Provisional), depreciated by 5 paise from its previous close of 87.96 on Thursday. The currency touched a high and low of 88.09 and 87.75 respectively.


  RELATED NEWS >>