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Rupee recovers 75p, closes at 88.06

Mint Ahmedabad

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October 16, 2025

The rupee bounced back sharply by 75 paise to close at 88.06 (provisional) against the US dollar on Wednesday, posting its biggest intraday gain in nearly four months, due to likely intervention by the RBI and a surge in the domestic markets.

Forex traders said domestic markets surged nearly 0.7% on optimism over trade talks between India and the US, which reflected in the USD/INR pair.

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time to read

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How can soldiers on active duty create a will under Indian law?

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time to read

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time to read

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Buyers embrace lower purity as gold soars

With gold prices hitting record highs, traditional 22and 24-karat jewellery is fast slipping out of reach for many buyers.

time to read

1 mins

October 16, 2025

Mint Ahmedabad

Rupee recovers 75p, closes at 88.06

The rupee bounced back sharply by 75 paise to close at 88.06 (provisional) against the US dollar on Wednesday, posting its biggest intraday gain in nearly four months, due to likely intervention by the RBI and a surge in the domestic markets.

time to read

1 min

October 16, 2025

Mint Ahmedabad

Phoenix Mills: Steady consumption, but festive test lies ahead

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time to read

1 mins

October 16, 2025

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