ForexAfter close

Rupee slips to 88.65 against strong dollar

8 Nov 2025 · 16:08 ISTafter close1 source ↓written by the desknot a recommendation

rupee declined: 2 paise
against the US: 88.65
It opened: 88.61
intraday low: 88.72

The rupee declined by 2 paise to 88.65 against the US dollar amid a robust dollar and rising crude oil prices. It opened at 88.61, hitting an intraday low of 88.72. A weak trend in domestic equity markets further pressured the currency, despite state-run banks selling US dollars to mitigate losses.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 8 Nov 2025, 16:08 IST.

Sourcesnews.google.com

Forex

29 SeptRupee settles lower at 95.97 against US dollarMediumThe rupee declined 22 paise to settle at 95.97 against the US dollar, breaching the 96 level for the second time in two weeks. This drop was influenced by worsening global risk sentiment and rising crude oil prices.
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15 JulRupee declines 48 paise to 96.16 against dollarMediumThe rupee fell 48 paise to 96.16 against the U.S. dollar in early trade on 14 July 2026, driven by rising crude oil prices and increased demand for safe-haven assets amid geopolitical tensions.
8 JulIndian central bank intervenes to support rupee's valueMediumThe Indian central bank reportedly sold dollars to limit the rupee's fall, aiming to stabilize the currency amid market volatility. This intervention could significantly influence trading sentiment and forex markets.
2 JulRupee declines 67 paise to 95.23 against dollarMediumThe Indian rupee weakened 67 paise to close at 95.23 per US dollar, a near three-week low. This decline is attributed to dollar strength and ongoing purchases by oil importers, with expectations of further rupee weakness despite RBI measures to attract significant inflows.

Rupee slips to 88.65 against strong dollar

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