HOME > MARKETS > DEBT MARKET
  DEBT MARKET
MONEY MARKETS
Rupee appreciates against dollar on Thursday
Dec-18-2025

Indian rupee appreciated against the U.S. dollar on Thursday despite the broad strength of the American currency in the overseas market on suspected intervention by the Reserve Bank of India (RBI). Traders took note of CareEdge Ratings' latest report estimating India’s Gross Domestic Product (GDP) growth at 7.5% in FY26 and 7.0% in FY27.  Besides, nominal GDP growth is projected at 8.3%, lower than the budgeted 10.1% for FY26. Besides. foreign institutional investors (FII) turned positive on Wednesday. As per exchange data, FII bought equities worth Rs 1,171.71 crore. On the global front, ringgit closed marginally higher against the greenback on Thursday as market participants awaited the release of the US consumer price index (CPI) report later tonight. 

Finally, the rupee ended at 90.27 (Provisional), appreciated by 11 paise from its previous close of 90.38 on Wednesday. The currency touched a high and low of 90.45 and 90.04 respectively.

  RELATED NEWS >>