The Indian rupee continued its recovery trend, gaining 11 paise to reach 89.05 against the US dollar during early trading on Tuesday. This uptick was attributed to lower crude oil prices in the international market.
However, forex analysts noted that the rupee remained under pressure, influenced by a strong dollar, subdued sentiment in the stock market, and a withdrawal of foreign capital. In the interbank foreign exchange market, the rupee opened at 89.02 and traded at 89.05 in initial deals, marking an 11 paise increase from its previous closing value.
On Monday, the rupee had closed significantly higher by 50 paise at 89.16 after experiencing a drop of 98 paise that brought it to a historic low of 89.66 against the dollar on Friday. Meanwhile, the dollar index, which measures the US dollar’s strength against a basket of six currencies, rose by 0.06 percent to 100.13.
Brent crude oil, the global benchmark, experienced a decline of 0.33 percent to trade at $63.16 per barrel in futures. In the domestic equity market, the Sensex fell by 46.99 points to 84,853.72, while the Nifty slipped 10.35 points to 25,949.15. Additionally, foreign institutional investors reported net sales of equities worth ₹4,171.75 crore on Monday, according to data from the exchange.
This article was published on November 25, 2025.
