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Indian Rupee Opens Stronger Against US Dollar on Easing Yields and RBI Confidence

Economy

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Published on 21st November 2025, 4:00 AM

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Author

Akshat Lakshkar | Whalesbook News Team

Overview

The Indian Rupee began trading 3 paise higher against the US Dollar on November 21, opening at 88.6787, supported by stronger Asian currencies and declining US Treasury yields. Reserve Bank of India Governor Sanjay Malhotra reassured markets, stating the central bank does not target a specific rupee level and expressing confidence in closing a trade deal, which bolsters the currency's outlook.