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Rupee appreciates against dollar on Friday
Oct-24-2025

Indian rupee appreciated against the US dollar on Friday supported by optimism around India-US trade talks and a decline in global crude oil prices. Commerce and Industry Minister Piyush Goyal has said that talks between India and the United States (US) for the proposed trade agreement are progressing, and expressed hope that both sides would work towards a fair and equitable agreement in the near future. Investors overlooked India’s flash PMI data report showing that private sector growth lost momentum amid a slowdown in the service economy. The HSBC Flash India Composite Output Index fell to 59.9 in October from 61.0 in September. On the global front, Canadian dollar weakened against other major currencies in the Asian session on Friday, as oil prices declined following the US blacklisting of Rosneft and Lukoil.

Finally, the rupee ended at 87.83 (Provisional), appreciated by 5 paise from its previous close of 87.88 on Thursday. The currency touched a high and low of 87.85 and 87.63 respectively.

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