DBT Bureau
Pune, 20 Oct 2025
The Indian rupee traded within a range of 87.57–88.45 against the U.S. dollar on Monday, marking a steady performance after logging its best week in four months. The sharp recovery was largely attributed to the Reserve Bank of India’s strong intervention in the foreign exchange market, which helped stabilize the domestic currency amid global dollar strength.
Adding to the positive sentiment, dovish signals from the RBI have reinforced expectations of a near-term rate cut. India’s retail inflation eased sharply to 1.54% in September — the lowest in eight years and well below the central bank’s 2–6% target band. The moderation in prices has strengthened the case for monetary easing in the December policy meeting, potentially boosting liquidity and supporting further gains in the rupee.
Source: Kedia Stocks & Commodities Research
