Rupee rises 23 paise to 85.49 towards U.S. greenback in early commerce

However, an increase in world crude oil costs and a barely stronger buck capped additional positive aspects within the native unit, foreign exchange merchants mentioned.

Foreign institutional traders (FIIs) bought equities value ₹12,594.38 crore on a internet foundation on Thursday (June 26, 2025), in line with alternate information.

At the interbank international alternate, the rupee opened at 85.50 towards the greenback earlier than inching as much as 85.49, larger by 19 paise from its earlier shut. The native unit rose 36 paise to shut at 85.72 towards the U.S. greenback on Thursday.

“The rupee is expected to be within a range of 85.35-85.95 as inflows dominated outflows yesterday (Thursday), taking the Indian currency up. We expect the same today (on Friday), though there could be outflows from oil, RBI buying, and FPI buying dollars,” Anil Kumar Bhansali, head of treasury and govt director at Finrex Treasury Advisors LLP, mentioned.

The greenback index, which gauges the buck’s energy towards a basket of six currencies, was buying and selling larger by 0.10% at 97.24.

Brent crude, the worldwide oil benchmark, went up 0.47% to $68.05 per barrel in futures commerce after declining within the earlier session.

“Brent oil prices rose slightly in Asian trading on some resilience in US demand but were set for weekly losses this week as concerns over the Middle East demands cleared after the Iran-Israel ceasefire,” Mr. Bhansali mentioned.

Meanwhile, within the home fairness market, Sensex rose 229.22 factors to 83,985.09 in early commerce, whereas Nifty was up 73.5 factors to 25,622.50.