17 Sep 2025 | 5 Mins Read
Indian rupee appreciates before US FOMC meeting
Flipitmoney
The rupee appreciated 25 paise to 87.80, its highest monthly gain since May. Optimism over the US-India trade deal and dollar weakness led to the appreciation. The currency gained 64 paise in four sessions, reversing a record low of 88.44 on September 11. Despite this gain, the rupee still lags Asian peers, having declined 2.75% in the current financial year.