ForexPre-market

Rupee declines 50 paise to 88.70 against US dollar

2 Nov 2025 · 07:08 ISTpre-market1 source ↓written by the desknot a recommendation

to close: 50 paise
against the US: ₹88.70
during intra-day trading: 99.26

The rupee fell by 50 paise to close at ₹88.70 against the US dollar, driven by a strengthening dollar and weak domestic markets. The dollar index was at 99.26 during intra-day trading, reflecting the dollar's robust performance. This depreciation may impact import costs and inflation concerns for traders.

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 2 Nov 2025, 07:08 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.
15 SeptRupee declines 30 paise to 95.84 amid crude price surgeHighThe rupee fell 30 paise to ₹95.84 against the US dollar, influenced by rising Brent crude prices at $106 per barrel and heightened Middle East tensions. This depreciation raises concerns over India's external balance and inflation.
28 JulDollar weakens as oil prices drop amid Middle East tensionsMediumThe dollar weakened against the euro and yen as Brent crude dropped 8% to $89 per barrel after the U.S. paused military strikes in Iran. Traders are also anticipating a one-in-three chance of a 25 bps Fed rate hike this week.
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 declines 50 paise to 88.70 against US dollar

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