Indian rupee vs us dollar: On Wednesday, July 30, 2025, the rupee fell 24 paise to a low of 87 against the dollar due to the uncertainty in the trade deal between India and the US and the continuous increase in crude oil prices.
Forex traders say that the demand for dollars at the end of the month and the withdrawal of foreign capital at the end of the month also puts heavy pressure on the local currency. In the interbank Foreign Exchange Market, the rupee opened with a negative attitude and touched a low of 87.15 against the US dollar. It shows a more decline of 24 paise from a day earlier.
Rupee at a four -month low of a day before:
On Tuesday, July 29, the rupee reached the lowest level of four months and closed 21 paise to close at 86.91 against the dollar. On the other hand, the dollar index showing a status of US dollar against six major currencies fell 0.11 percent to 98.77.
Stock market gains:
During the early trade in the stock market, the Sensex was trading at 81,464.22 points to 81,464.22, while the Nifty-50 also rose 45.90 points to 24,867.00 points on NSE. Dr. VK Vijay Kumar, Chief Investment Strategist of Jiojit Investments Limited, says that the kind of bouncebank market was seen in the Nifty a day earlier and 140 points are not expected to be ahead.
International Standard Brent crude gained 0.11 percent to a price of $ 72.59 per barrel. According to the stock market data, foreign institutional investors (FIIs) were selling on Tuesday. He purely sold shares worth Rs 4,636.60 crore.
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