Archive · 28 Oct 2025
Rupee Falls Against Dollar Amid Oil Price Increase
The Indian rupee's value decreased against the US dollar.
This means it took more rupees to buy one dollar.
The drop happened because of a rise in oil prices and increased demand for dollars from importers.
The rupee started the day at a certain value, went up and down a bit during trading, and finally closed lower than it started.
Traders are keeping an eye on trade talks and global events to see how things will change.
The rupee closed at 88.26 against the US dollar.
The rupee decreased by 43 paise.
The rupee opened at 87.87.
The intraday high was 87.86, and the low was 88.31.
Rising crude oil prices and dollar demand were contributing factors.
- Who
- Rupee
- What
- Decreased in value against the US dollar
- When
- Monday
- Where
- Interbank foreign exchange
- Why
- Due to increased crude oil prices and demand for dollars
- Closing Rate
- 88.26 against USD (provisional)
- Change from Previous Close
- 43 paise decrease
- Previous Closing Rate
- 87.83 against USD
- Intraday Low
- 88.31
- Intraday High
- 87.86
Sources
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