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( As on 08/10/2025 10:25)

Rupee rises 2 paise to 88.75 against US dollar in early trade

Rupee witnessed range-bound trading in morning deals on Wednesday and rose two paise to 88.75 against the US dollar, tracking a positive trend in domestic equities and likely IPO-related inflows.

Forex traders said the rupee is trading in a tight range as it remains under pressure due to continued capital outflows and geopolitical developments.

At the interbank foreign exchange market, the rupee opened at 88.76 against the US dollar, then inched up to 88.75, registering a gain of two paise from its previous close.