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Rupee rises 14 paise to 95.85 against US dollar in early trade

Mumbai, Sep 25 (PTI) The rupee gained 14 paise 95.85 against the US dollar in early trade on Friday amid a positive trend in domestic equities and remained above the key psychological barrier of 96 per dollar. Forex traders said persistent dollar demand from domestic importers in particular the oil companies, elevated crude oil prices, and broad-based strength in the US dollar index following hawkish Federal Reserve rate signals weighing on the local unit. However, the Reserve Bank of India is likely to intervene to smooth out volatility in the currency market, they said. At the interbank foreign exchange market,

25 Sep 2026 10:08 am