Rupee falls 18 paise to shut at 85.94 in opposition to U.S. greenback

However, renewed international capital inflows and sliding international crude costs supported the home unit, in line with foreign exchange merchants.

At the interbank international alternate, the rupee opened weak at 86.02 in opposition to the greenback. It traded within the vary of 85.74-86.05 throughout the day earlier than closing at 85.94 (provisional), down 18 paise from its earlier shut.

In the earlier session, the rupee appreciated 16 paise to shut at 85.76 in opposition to the U.S. greenback.

“The Indian Rupee skilled notable volatility at present, initially weakening in opposition to a sturdy U.S. Dollar earlier than recovering mid-session attributable to greenback provide, solely to conclude with web losses.

“This motion follows a three-day consolidation section for the USD-INR pair, starting from 85.70 to 86.05. The sentiment stays acutely beneficial for the greenback, pushed by expectations of a hawkish Federal Reserve post-U.S. inflation knowledge and protracted uncertainties concerning India-U.S. commerce agreements,” mentioned Dilip Parmar, Research Analyst, HDFC Securities.

An Indian commerce ministry workforce is in Washington for an additional spherical of talks on the proposed bilateral commerce settlement. The four-day talks, which began on Monday (July 14, 2025), will conclude on Thursday (July 17, 2025).

“We proceed to await the result of the commerce deal as inflows and outflows preserve the rupee properly entrenched in a spread of 85.70 to 86.10. We anticipate an analogous vary for the rupee tomorrow (Thursday) as properly,” Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, mentioned.

Brent crude, the worldwide oil benchmark, was down 0.26% to $68.53 per barrel in futures commerce. The greenback index, which gauges the dollar’s power in opposition to a basket of six currencies, dipped 0.07% to 98.54.

On the home fairness market entrance, the Sensex rose 63.57 factors to settle at 82,634.48, whereas the Nifty inched up 16.25 factors to 25,212.05.

Foreign institutional buyers (FIIs) purchased equities value ₹120.47 crore on a web foundation on Tuesday (July 15, 2025), in line with alternate knowledge.