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Rupee Rices 5 Paise: On Monday morning, there was a slight increase in Indian currency. This was also seen in the stock market for this. Learn where the rupee reached now?
06 October, 2025
Rupee Rises 5 Paise: Earlier this week, the Indian rupee recorded a slight increase. On Monday, the rupee reached 88.74 per dollar in early trade. The positive stance in the domestic stock market and the IPO capital flow (Inflows) supported the Indian rupee. In the Interbank Foreign Exchange Market, the rupee opened at the level of 88.75 and reached 88.74 shortly. This shows a lead of five paise as compared to the previous session. On Friday, the rupee fell eight paise to close at 88.79 dollars.
IPO supported
Anil Kumar Bhansali, Head of Treasury and Executive Director of Finrex Treasury Advisors LLP, said that three big IPO, V-Work, Tata Capital and LG are coming in the stock market this week. Their total price is around Rs 31,000 crore. Due to the inflow from them, you can see improvement in the rupee and it can move towards a level of 88.50.
Impact on foreign investment
Bhansali further said that there is still a need to take precautions in the market. Global Risk Factor and Domestic Economic Indicators are currently waiting for a new trigger, so that the direction of the rupee can be fixed. At the same time, according to Forex Traders, the rupee is still under pressure due to continuous capital outflows and geopolitical stresses.
Indo-US business
Meanwhile, External Affairs Minister S.K. Jaishankar said on Sunday that any business agreement between India and America will have to honor India’s red lines. He said that talks are going on between the two countries on this issue, but no concrete landing ground has been agreed yet. Jayashankar said that America is the largest market in the world, but there are some things that we cannot compromise.
Crude oil bounce
The dollar index, which measures the strength of the US dollar against the 6 large currency, rose by 0.34% to 98.05. Brent crude oil rose by 1.47% to $ 65.48 per barrel. Positivity was also seen in the domestic equity market on Monday. In early trade, the Sensex rose 67.62 points to 81,274.79. At the same time, the Nifty was trading at 24,916.55 with a gain of 22.3 points.
Deficiency in foreign currency
According to the latest RBI data, India’s foreign exchange reserves declined by $ 2.33 billion to $ 700.23 billion on 26 September. In the earlier week, it declined by $ 396 million to $ 702.57 billion. Overall, the rupee has started the new week on a positive note, but the outflow of foreign capital and global stress can limit its speed.
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