USD/INR Today: Indian Rupee Falls Near Record Low | RBI Forex Update October 2025

USD/INR Forex Market Update: Rupee Strengthens Against Dollar

The Indian Rupee (INR) gained strength against the U.S. Dollar (USD) in today’s forex market session, driven by easing crude oil prices and positive foreign inflows into Indian equities. According to market experts, the USD/INR pair opened near 83.22 and later moved to 83.05, showing resilience after weeks of volatility. Traders attribute this momentum to strong domestic fundamentals and RBI’s subtle interventions in the spot market.

Meanwhile, the U.S. Dollar Index (DXY) remained flat at around 104.9 as global investors await key U.S. inflation data due later this week. A softer dollar is expected to benefit emerging market currencies like the rupee in the near term. Analysts predict that if crude oil stays below $85 per barrel, the rupee could further appreciate toward 82.80 levels.

📊 Expert View:

• RBI likely to maintain steady intervention to keep INR stable.
• Exporters advised to hedge positions amid short-term volatility.
• Support seen near 83.00 and resistance around 83.25 levels.

Overall, the short-term sentiment for the Indian currency remains positive, with expectations of gradual appreciation if global risk appetite stays firm. Investors should, however, watch for U.S. economic data and crude oil trends for directional cues.

Source: Forex Market Analysis | Updated on October 14, 2025