85.75 and Steady—India’s Currency Finds Balance Amid Global Flux

India's money markets began on Tuesday with a small gain to the rupee, which rose 0.1% to 85.75 against the US dollar, from the previous close of 85.85. The action comes after a string of liquidity operations by the Reserve Bank of India (RBI) and defensive sentiment in advance of global tariff deadlines.

 

Major Currency Movement:

RBI's Liquidity Snapshot as of July 7, 2025:

Market Implications:

Investor Sentiment:

Sources: Reuters, Economic Times, Investment Guru India, Wall Street Journal