The Indian rupee rose to its highest level in nearly a month, opening at 87.81 per dollar on Thursday, following its strongest single-day gain in almost four months.
The rally comes amid a weaker dollar index, easing global risk sentiment, and interventions by the Reserve Bank of India aimed at containing speculative moves, as per news reports.
On Wednesday, the rupee recorded its largest daily gain since June 24, rising 0.7% to close at 88.07/$ from the previous session’s 88.8/$.
On Thursday morning, the currency climbed further, touching 87.69/$, marking its highest level in nearly a month. Despite these gains, the rupee remains down 2.61% year-to-date.
Market experts attribute the rupee’s rise to multiple factors:
Read More: Silver Supply Tightens in India as Global Demand Remains Robust.
The rupee’s recovery highlights the influence of both global factors like the dollar index and domestic measures such as RBI interventions. While the currency has strengthened in the short term, analysts continue to monitor global and domestic developments that may impact its trajectory in the coming months.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: Oct 16, 2025, 10:01 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
