By Admin 
Dollar vs rupees: The rupee fell 10 paise to close at 85.48 against the US dollar on Thursday due to the strengthening of the US dollar against the world’s six major currencies and the rise in crude oil prices worldwide. However, positive domestic equity market and foreign fund inflow limited the fall in the rupee.
Rupee at 85.62 intra-day low level
The rupee opened at 85.56 per dollar in the Interbank Forex Exchange Market. After that, weakened against the dollar and touched the intra-day of 85.62. At the end of the trading, the rupee touched the highest level of the day of 85.40, but the rupee closed at 85.48 against the dollar till the end, which is 10 paise less than the last closed price. In Wednesday’s session, the rupee rose two paise to close at 85.38 against the dollar. Research analyst Anuj Chaudhary of Mirae Asset Sharekhan says that the US dollar has pressurized the rupee and crude oil prices.
He said, “At the end of the month, the demand for dollars and withdrawal of foreign investors can also put pressure on the rupee. The spot price of dollars can trade within a radius of Rs 85.15 to Rs 85.80.
Due to this, the dollar index rises
Experts say that the US dollar index has rose after the US federal court banned President Donald Trump’s reciperock tariff, which has increased hopes of reducing global trade uncertainty.
Oil prices increased so much
Global oil benchmark Brent crude increased by 1.25 percent to $ 65.71 per barrel in crude futures trading. The 30 -share BSE Sensex in the domestic stock market closed at 81,633.02 with a rise of 320.70 points, or 0.39 %, while the Nifty rose 81.15 points, or 0.33 percent to close at 24,833.60.
According to exchange data, foreign investors (FIIs) bought shares worth Rs 4,662.92 crore on Wednesday. The Reserve Bank said in its annual report on Thursday that India will remain the fastest growing economy in the world even in FY 2026.
According to official data released on Wednesday, India’s industrial production growth has slowed down to 2.7 percent in April 2025 due to poor performance of manufacturing, mining and power sector.
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