Rupee Strengthens to 89.27 Amid Optimism on RBI Measures and Trade Deal Progress

The Indian rupee strengthened to 89.27, buoyed by RBI intervention and trade deal optimism, signaling potential stability for the currency in the near term.

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Rupee Strengthens to 89.27 Amid Optimism on RBI Measures and Trade Deal Progress

Rupee Strengthens to 89.27 Amid Optimism on RBI Measures and Trade Deal Progress
The Indian rupee rebounded sharply to 89.27 against the US dollar on December 19, 2025, aided by RBI's market intervention and optimism surrounding a potential trade deal. Market sentiment improved as foreign exchange reserves strengthened and the prospect of easing global trade tensions drove demand for the rupee. Analysts foresee stability if the positive trade negotiations persist and the RBI continues its support.
Companies:
  • Reserve Bank of India
  • Indian Government
Tags:
  • Indian rupee
  • RBI