On Monday, July 21, 2025, the international market saw the strength of American currency and the negative attitude of the Indian stock market saw weakness in the Indian rupee. In early trade, the rupee fell 20 paise to 86.36 against the dollar. Forex traders say the rupee continued to fall and opened at 86.27 against the US dollar with a negative trend.
Rupee weakened
The rupee fell 4 paise to close at 86.16 against the US dollar on the last trading day of last week i.e. Friday (18 July 2025). On the other hand, the dollar index, depicting the US dollar status against six major currencies, fell 0.02% to 98.46.
Anil Kumar Bhansali, Treasury Head and Executive Director of Finrex Treasury Advisors LLP, says that the dollar is seeing weakness in the Indian rupee and is expected to be within the range of 85.90 to 86.40. The international standard (Global Oil Benchmark) Brent crude remained 0.12 percent with a jump of $ 69.36 per barrel. According to the stock market data, foreign institutional investors (FIIs) shopped on Friday. He purely bought shares worth Rs 374.74 crore.
Improvement in stock market
At the beginning of the first trading day of the week, the Sensex slipped 155.73 points to 81,602.00 points, while the Nifty slipped 63.55 points to close at 24,904.85 points. However, the Sensex later rose and a jump of 300 points surrounded around 11 am. At the same time, Reliance Industries recorded a decline of 1.95 percent. This was followed by 1.72 percent declines in Axis Bank shares, 1.17 percent in Mahindra & Mahindra and 1.04 percent in Infosys shares.