01 Oct 2025 | 3 Mins Read

Rupee recovers to 88.65 against US dollar post RBI policy

Flipitmoney

The rupee recovered to 88.65 against the US dollar, a 15-paise gain, after RBI Governor Sanjay Malhotra signaled a potential easing of interest rates in coming months. RBI maintained the key interest rate at 5.5% and adopted a "neutral" policy stance, allowing for future adjustments. The rupee had touched an all-time low of 88.80 the previous day.