Overview

• The Indian rupee opened at 85.71 against the U.S. dollar on April 15, 2025, marking a 39 paise increase from its previous close.
• The U.S. administration's suspension of a 26% tariff on Indian goods until July 9 boosted investor sentiment and supported the rupee's rally.
• Domestic equity markets surged, with the BSE Sensex rising 1,516.53 points (2.02%) and the NSE Nifty gaining 454.60 points (1.99%).
• Brent crude oil prices remained near record lows at $64.92 per barrel, reducing India's import bill concerns and strengthening the rupee.
• Despite the rupee's upward momentum, foreign institutional investors continued net offloading, selling shares worth ₹2,519.03 crore.