Rupee rises 40 paise to ₹95.20 against U.S. dollar

Rupee rises 40 paise to ₹95.20 against U.S. dollar

The rupee rose 40 paise to ₹95.20 against the dollar on May 25, driven by U.S.-Iran peace deal optimism and progress toward a U.S.-India interim trade agreement confirmed by Secretary Rubio. For treasury and procurement teams, a strengthening rupee reduces import costs and FX hedging pressure, while the pending trade deal signals potential tariff relief on U.S.-sourced tech hardware and software licensing.