Rupee rises 19 paise to close at 95.80 against U.S. dollar
The Indian rupee appreciated by 19 paise to close at 95.80 against the U.S. dollar on Friday. The rise was supported by improved global risk sentiment and potential intervention by the Reserve Bank of India.
Why it matters
Currency fluctuations impact import costs and inflation, serving as a key indicator of India's economic stability in the global market.
The rupee appreciated 19 paise to close at 95.80 (provisional) against the U.S. dollar on Friday (September 25, 2026), holding above the 96-mark, on improved global risk sentiment and possible intervention by the Reserve Bank.
Forex traders said gains in the rupee were capped by U.S. dollar demand from local importers, high crude prices and a stronger greenback driven by hawkish Federal Reserve signals.
At the interbank foreign exchange market, the rupee opened at 95.92 against the American currency. During the day, the local unit slipped to an intraday low of 95.94, but recovered lost ground to close at 95.80 (provisional), a 19 paise rise from its previous close.
On Thursday (September 24), the rupee weakened by 26 paise to settle at 95.99 against the U.S. dollar.
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