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Rupee rises 23 paise to 88.50 against US dollar

Millennium Post Delhi

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Delhi 12 November 2025

The rupee appreciated 23 paise to settle at 88.50 against the US dollar on Tuesday, amid progress on the US shutdown bill and optimism over the US-India trade deal.

Forex traders said a rebound in domestic equities and optimism over a nearing US trade deal supported the local unit.

However, elevated crude oil prices and foreign fund outflows weighed on investor sentiment.

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