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Rupee ends marginally higher against dollar
Nov-04-2025

Indian rupee ended marginally higher against dollar on Tuesday, boosted by falling crude oil prices overseas. Traders got some encouragement as the commerce ministry has said that negotiators of India and the EU commenced talks to resolve outstanding issues in the proposed Free Trade Agreement (FTA), as the deadline to conclude the talks nears. Deliberations will focus on core areas, including trade in goods, trade in services, rules of origin amongst others, along with technical and institutional matters. However, firm dollar, outflow of foreign funds and subdued domestic equity markets prevented a sharp gain in the Indian currency. On the global front, the dollar was steady on Tuesday, hovering near a three-month high as a divided Federal Reserve spurred traders to rein in interest rate cut wagers while investors awaited an Australian policy meeting where the central bank is likely to stand pat.  

Finally, the rupee ended at 88.69 (Provisional), appreciated by 8 paise from its previous close of 88.77 on Monday. The currency touched a high and low of 88.70 and 88.28 respectively.


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