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Rupee appreciates against dollar on Monday
Oct-20-2025

Indian rupee appreciated against the US dollar on Monday supported by foreign fund inflows and lower crude oil prices. Foreign Institutional Investors (FIIs) purchased equities worth Rs 308.98 crore on Friday, according to exchange data. Some support came as Commerce and Industry Minister Piyush Goyal expressing confidence over India’s exports has said that despite global uncertainties due to the US tariffs, India's exports will register a positive growth in 2025-26. Besides, Commerce and Industry Minister Piyush Goyal will visit Brussels later this month to give an impetus to the ongoing negotiations for a free trade agreement between India and the European Union (EU). On the global front, Japanese yen weakened against other major currencies in the Asian session on Monday, amid renewed concerns about Japan's fiscal crisis.

Finally, the rupee ended at 87.93 (Provisional), appreciated by 09 paise from its previous close of 88.02 on Friday. The currency touched a high and low of 87.97 and 87.74 respectively.

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