15 Sep 2025 | 5 Mins Read
Indian rupee opens strong at 88.26/USD before US Fed decision
Flipitmoney
The Indian rupee opened one paise higher at 88.2612 against the US dollar on September 15, expected to weaken ahead of the US Federal Reserve's interest rate cut on September 17. Market participants believe RBI intervention is helping to contain pressure, and the dollar index stood at 97.628, as against a 25 basis point rate reduction prediction. The rupee has depreciated 2.77% in 2025.