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The rupee opened at 89.2050 per dollar on Thursday, helped by a softer dollar on expectations of a December Fed rate cut. Traders noted that intraday rupee rallies have failed to hold because of importer and speculator dollar buying.
The IMF reclassified India's exchange rate regime as a crawl-like arrangement.
Persistent importer dollar demand and a crawl-like regime point to a gradually weaker rupee, which raises India's dollar-priced feed import costs over time.
financialexpress.comReutersNov 27, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
