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Rupee strengthens against US dollar on Tuesday
Sep-09-2025

The Indian rupee strengthened against the US dollar on Tuesday, supported by a firm domestic equity market even as concerns over U.S. tariffs on India. Rupee improved further on weakness in the American currency and growing expectations for a U.S. Federal Reserve interest rate cut this month after softer US data. However, some gains were limited by higher crude oil prices and persistent foreign fund outflows. Foreign Institutional Investors offloaded equities worth Rs 2,170.35 crore on Monday, exchange data showed. The Forex Markets were closed on Monday on account of Eid-e-Milad.

The partially convertible currency is currently trading at 88.07, stronger by 2 paise from its previous close of 88.09 on Friday. The currency touched a high and low of 88.09 and 87.95 respectively.


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