neutral
Recently
Rupee‑dollar pair sees limited movement amid global risks and RBI intervention
On 18 Nov the rupee hovered around ₹88.
On 18 November 2025, the Indian rupee opened around ₹88.60 per US dollar and showed limited movement despite global risk‑off sentiment and a firmer dollar index. The Reserve Bank of India (RBI) continues to intervene subtly to defend the ₹88.80 level, suppressing large intraday swings. Analysts noted that even with a widened trade deficit and foreign outflows, the currency has held up thanks to RBI liquidity management and strong domestic short‑term flows.
The near term range is expected to stay between ₹88.40‑₹88.90 unless large external shocks hit.