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Rupee rises 5 paise to close at 87.88 against US dollar
Orissa POST
|October 24, 2025
The rupee appreciated by 5 paise to close at 87.88 against the US dollar Thursday, supported by a positive trend in domestic equities and risk-on sentiments amid optimism about the US-India trade deal.
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Forex traders said the rupee closed on a positive note as there is a growing buzz that India and the US are inching closer to finalizing a long-awaited trade deal.
At the interbank foreign exchange, the rupee opened at 87.80 and touched an intraday low of 87.96 before settling at 87.88, registering a rise of 5 paise from its previous close.
Monday, the rupee had settled nine paise higher at 87.93 against the greenback.
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