The rupee rises 14 paise to 87.95 against dollar in early trade on Tuesday, September 9, 2025. At the interbank foreign exchange market, the currency opened at 87.98 and touched 87.95, marking a 14-paise gain from its previous close.
Analysts said the rupee rises 14 paise to 87.95 against dollar mainly on the back of strong domestic equities. However, pressure remains from concerns over U.S. tariffs on India and global market uncertainty. Traders also noted the possibility of Reserve Bank of India intervention to curb volatility after the rupee touched record lows last week.
On September 5, the currency had dropped to an intraday low of 88.38 before closing at 88.09. It recorded its lowest closing level of 88.15 on September 2.
Globally, the dollar index eased to 97.40 as U.S. economic data signaled a potential rate cut by the Federal Reserve. Meanwhile, Brent crude traded at $66.37 per barrel, up 0.53%.
In equities, Sensex surged 366.87 points to 81,154.17, while Nifty rose 101.35 points to 24,874.50. Despite the rebound, experts warn that trade tensions and tariff disputes may continue to cap gains for the domestic currency.
