The greenback index, which measures the power of the dollar in opposition to a basket of six currencies, fell 0.16% to 98.07. Expression file picture. | Picture Credit score: AP
The rupee rose at six paise and closed at 87.63 (tentative) in opposition to the US greenback on Thursday (August 28, 2025).
Nonetheless, considerations over further US tariffs on Indian merchandise, launched on Wednesday (August 27, 2025), have restricted the decline in home inventory markets in native items, in response to Foreign exchange Merchants.
The US authorities imposes a complete of fifty% tariff on India’s exports to the US, apart from a number of sectors.
In interbank international trade, the rupee opened at 87.56 in opposition to the dollar and traded within the vary of 87.53-87.68 throughout the day. The native unit settled at 87.63 (tentative) and registered a acquire of 6 paise from the earlier finish.
The rupee depreciated 13 paise to shut at 87.69 in opposition to the US greenback on Tuesday (August 26, 2025). The inventory and foreign exchange markets remained closed on Wednesday (August 27, 2025) as a result of Ganesh Chaturthi.
World oil benchmark Brent crude was buying and selling 0.72% decrease at $67.56 per barrel within the futures commerce.
“Brent oil costs fell on Thursday (August 27, 2025) in Asian commerce after US information confirmed a low drop in crude oil shares, whereas traders weighed the impression of further US tariffs on India.
The greenback index, which measures the power of the dollar in opposition to a basket of six currencies, fell 0.16% to 98.07.
“The greenback index has declined as President Donald Trump’s unprecedented transfer in opposition to Lisa Cook dinner renewed considerations about central financial institution independence,” Bangsari added.
On the home inventory market facet, Sensex fell 705.97 factors to settle at 80,080.57, whereas Nifty fell 211.15 factors to 24,500.90.
International institutional traders collected 6,516.49 crore price of inventory on Tuesday (August 26, 2025), in response to Change information.
