Rupee reports best day in 2 weeks as dollar drops, RBI holds rates

Ishita Ranganath, Published on Oct 1st, 2025

Rupee reports best day in 2 weeks as dollar drops, RBI holds rates

The Indian rupee nudged higher on Wednesday to its best day in two weeks after RBI kept policy rates unchanged and US dollar slipped broadly as US government shut down. The rupee closed at 88.69 against the US dollar, up 0.1% on the day, the most since September 17. The rupee hasn't gained in nine out of last 10 sessions.

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