The Indian rupee witnessed its seventh consecutive session of strengthening, concluding at 85.67 against the US dollar. This upward trend can be attributed to positive domestic equity movements, increased foreign capital inflows, and a decline in crude oil prices, which collectively helped the rupee recover from its 2025 losses. With a significant appreciation of 154 paise, the rupee received substantial support from foreign banks and exporters. The BSE Sensex saw a notable surge of 1.40%, while the Nifty also experienced a solid advancement of 1.32%. These developments indicate a positive economic outlook for India, with the rupee’s continued upturn reflecting a favorable market sentiment and increased investor confidence.
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Indian rupee strengthens to close at 85.67 against US dollar, erasing 2025 losses in 7-day streak.
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