Currency watch: Rupee rises 16 paise to 85.76 against dollar; crude oil slide & weak greenback lift sentiment
Tuesday, 15 July 2025 () The rupee strengthened to 85.76 against the US dollar, buoyed by a weaker dollar and lower crude oil prices. Gains were capped by persistent foreign fund outflows and uncertainty surrounding India-US trade talks. India's merchandise exports remained steady, while the trade deficit narrowed, and domestic equities closed in the green with FIIs turning net buyers.
A global wave of condemnation is rising after the U.S. launched strikes on Iranian nuclear sites, sparking fears of a wider war. Nations including Pakistan, Iraq, Venezuela, Cuba, Saudi Arabia, and..