23 Oct 2025 | 5 Mins Read

Rupee rises 10 paise to 87.83 against dollar

Flipitmoney

The rupee opened 10 paise higher on October 23 against dollar, driven by optimism over India-US trade deal progress. Washington may slash US tariffs on Indian goods from 59% to 15% as India moderates oil purchases from Russia. President Trump hosted Diwali celebrations at the White House, but struggled initially with pronouncing Indian-American names, later correctly pronouncing the word Diwali.