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Rupee jumps 40 paise to 85.69 on softening dollar
The New Indian Express Kochi
|June 27, 2025
The rupee on Thursday gained as much as 40 paise to close at 85.69 to the greenback due to softening dollar and a bullish equity market on easing geopolitical tension in West Asia.
DEFYING tariff and geopolitical tensions, domestic equity benchmarks, the BSE Sensex and NSE Nifty, have surged nearly 15% each from their early-April lows and are now approaching record highs.
Extending gains for the third consecutive session on Thursday, the Sensex jumped 1,000.36 points (1.21%) to close at 83,755.87, while the Nifty50 rose 304.25 points (1.21%) to settle at 25,549.00.
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