Rupee Strengthens by 21 Paise to Close at 85.73 Against Dollar

July 10, 2025

The Indian rupee appreciated by 21 paise to close at 85.73 against the US dollar. This rise was attributed to a decrease in global crude prices, a devalued dollar against major currencies, reduced foreign fund outflow, and a strong domestic stock market. Anil Kumar Bhansali, from Finrex Treasury, highlighted the potential for further gains if a US-India trade deal is reached.