# Rupee settles flat at 87.50 against U.S. dollar after inching close to 88-level in intra-day trade

> The rupee settled flat at 87.50 per dollar on a provisional basis after briefly approaching 88 intraday, with suspected RBI intervention. The dollar index traded 0.14% higher at 108.18 after US plans for steel and aluminium tariffs and reciprocal tariffs.

- Date: 2025-03-01 · published 2025-03-01T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/26309-rupee-settles-flat-at-87-50-against-u-s-dollar-after-inching-close-to-88-level
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rupee weakness and a stronger dollar raise import costs for Indian feed buyers and signal trade-war pressure on emerging-market currencies, with limited direct effect on grain prices.

## Read by commodity

- DXY: bullish ▲
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-10-31 | [Rupee ends flat at 88.69 against U.S. dollar - The Hindu](https://feedsoft.ai/events/22691-rupee-ends-flat-at-88-69-against-u-s-dollar-the-hindu.md) | +0.3% | -0.2% |
| DXY | 2018-07-19 | [Rupee Suffers 43 Paise Knock to Close at Lifetime Low of 69.05 Against Dollar \| India.com](https://feedsoft.ai/events/64320-rupee-suffers-43-paise-knock-to-close-at-lifetime-low-of-69-05-against-dollar.md) | -0.4% | +1.6% |
| DXY | 2025-07-29 | [Pound at 10-week low against dollar after US-EU trade deal](https://feedsoft.ai/events/24022-pound-at-10-week-low-against-dollar-after-us-eu-trade-deal.md) | +0.3% | -0.2% |
| DXY | 2023-10-04 | [Rand falls to lowest level against the dollar in months](https://feedsoft.ai/events/33924-rand-falls-to-lowest-level-against-the-dollar-in-months.md) | -0.8% | +0.0% |
| DXY | 2017-02-01 | [Dollar up on bargain hunting after Trump takes aim at U.S. trade partners](https://feedsoft.ai/events/72683-dollar-up-on-bargain-hunting-after-trump-takes-aim-at-u-s-trade-partners.md) | +0.2% | +0.2% |

## Sources

- thehindu.com: https://www.thehindu.com/news/international/rupee-settles-flat-at-8750-against-usd-after-inching-close-to-88-level-in-intra-day-trade/article69202593.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.