By Admin 
Dollar vs rupee: Indian rupee is seeing a boom on Wednesday, September 17, 2025 for the fourth consecutive day. The rupee opened up to 87.81 per dollar in early trade due to a widespread fall in the US dollar amidst the expectation of cutting interest rates by the US Fed.
Forex traders say that investors are keeping a close watch on the policy meeting of the Federal Reserve as the dollar is strengthening the rupee globally. The market expects a 0.25 percent reduction in interest rates, and investors are waiting for the address of the head of the Federal Reserve for further guidance.
Rupee increases by four days
In the Interbank Forex Regulations Market, the Indian rupee opened at 87.84 against the US dollar and then reached 87.81, a day earlier with a closed price of 28 paise. On Tuesday, the rupee closed at 88.09 per dollar with a gain of seven paise.
Meanwhile, the dollar index, which assessed the dollar strength compared to the world’s six major currency, was trading at 96.73 with a gain of 0.11 percent. Global oil benchmark brent crude futures fell by 0.20 percent to US $ 68.33 per barrel.
Stock market boom
On the domestic stock market front, a 30-point Sensex rose 262.74 points to 82,643.43 points in early trade, while Nifty-50 on NSE was also trading at 25,324.35 points to climb 85.25 points to 25,324.35. According to exchange data, foreign institutional investors on Tuesday bought shares worth Rs 308.32 crore on a pure basis.
Dollar weakness and expectation of cuts in interest rates have strengthened the rupee. The rupee has improved for the fourth consecutive day, while the domestic stock market is also open with a boom. Due to this, the sentiments of investors are seen to be getting stronger.
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