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( As on 08/07/2025 10:41)

Rupee Gains 22 Paise to 85.72 Against US Dollar in Early Trade

The Indian rupee appreciated by 22 paise to 85.72 against the US dollar in early trade, supported by a decline in global crude oil prices and a weaker dollar.

According to forex traders, steady foreign institutional inflows and positive momentum in domestic equity markets also contributed to the rupee’s strength.

At the interbank foreign exchange market, the rupee opened at 85.75 and later advanced to 85.72, marking a 22-paise gain from its previous close. On Monday, the local currency had recorded a sharp drop of 54 paise, ending the session at 85.94 per dollar.