On 6 November 2025, the Indian rupee traded in a narrow band, strengthening slightly to ~₹88.6050 per U.S. dollar, as improved global risk appetite supported Asian currencies, while firm importer‑dollar demand and interventions by the Reserve Bank of India kept it in check. A drop in one‑year dollar‑rupee forward premiums to ~2.13%—the lowest since August 2025—reflected reduced hedging cost. U.S. Treasury yields climbed after strong services data, tempering outflows and helping the rupee maintain its range.