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Indian rupee appreciates on Tuesday
Dec-30-2025

Indian rupee appreciated against the US dollar on Tuesday buoyed by a weaker greenback and strong IIP numbers. Traders took support as India’s industrial output growth, measured in terms of the Index of Industrial Production (IIP), jumped to two-year high of 6.7 per cent in November 2025 from 0.5 per cent in October 2025 and 5.0 per cent in November 2024. Besides, Reserve Bank of India (RBI) in its latest report has said that the banking sector remained resilient during 2024-25, supported by a strong balance sheet, sustained profitability and improved asset quality. On the global front, ringgit ended slightly higher against the US dollar and other major currencies on Tuesday, driven by improved buying interest.

Finally, the rupee ended at 89.80 (Provisional), appreciated by 18 paise from its previous close of 89.98 on Monday. The currency touched a high and low of 89.98 and 89.72 respectively.

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