By Admin 
Rupee vs dollar: The rupee witnessed a strength during the initial trade on Monday 11 August 2025 amid positive expectations with the ongoing trade tension and Russia-US talks regarding India’s tariff with the US. The Indian rupee rose by eight paise to 87.50 against the dollar. Investors are waiting for the indications from the upcoming negotiations between Russia-America due to weakness in US dollar. Forex traders say that the rupee opened with a slight increase on Monday and is expected to be within the range of 87.25 to 87.80.
Rupee strengthening
The rupee opened at 87.56 against the US dollar in the Interbank Forex Exchange Market and reached 87.50, which shows an increase of eight paise in the previous closed price. The rupee closed stable at 87.58 on Friday.
Meanwhile, Brent crude prices fell 0.48 percent to $ 66.27 per barrel in futures trading. The dollar index, depicting the US dollar status against the major currencies of six countries, fell 0.11 percent to 98.07. According to the stock market data, foreign institutional investors (FIIs) on Friday bought shares worth Rs 1,932.81 crore.
Market in green mark
The stock market started rapidly on the first trading day of the week. The BSE Sensex was trading up by climbing 200 points, while the Nifty was at 24,400 levels. When the first quarter results of PSU bank SBI opened on Friday, when the market opened for the first time, its stocks jumped up to 2 percent. Broking firm Jiojit Investments Chief Market Strategist V.K. Vijaykumar says that this week, Bhurajnical developments will affect the market trend more than other factors.
Also read: Gold became cheaper or expensive between US trade tension, know the fresh sense of your city on 11 August 2025 today