{"id":18805,"date":"2026-05-25T19:08:01","date_gmt":"2026-05-25T19:08:01","guid":{"rendered":"https:\/\/saharanews.in\/2026\/05\/25\/rupee-rally-rupee-rally-currency-rises-34-paise-against-dollar-amid-hopes-of-us-iran-peace-deal\/"},"modified":"2026-05-25T19:08:01","modified_gmt":"2026-05-25T19:08:01","slug":"rupee-rally-rupee-rally-currency-rises-34-paise-against-dollar-amid-hopes-of-us-iran-peace-deal","status":"publish","type":"post","link":"https:\/\/saharanews.in\/?p=18805","title":{"rendered":"Rupee Rally: Rupee rally: Currency rises 34 paise against dollar amid hopes of US-Iran peace deal"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-131314857,imgsize-85594,width-400,height-225,resizemode-4\/rupee-recovers-13-paise-from-its-all-time-low-closing-level-to-86.jpg\" alt=\"Rupee rally: Currency rises 34 paise against dollar amid hopes of US-Iran peace deal\" title=\"Representative image\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>The rupee appreciated by 34 paise to close at 95.26 against the US dollar on Monday, marking its third consecutive session of gains, amid improving global sentiment over a possible peace agreement between the United States and Iran.<span class=\"id-r-component br\" data-pos=\"2\"\/>According to news agency PTI, the rupee strengthened as optimism grew around easing tensions in West Asia and prospects of progress in negotiations linked to the Strait of Hormuz, a key global oil shipping route.<span class=\"id-r-component br\" data-pos=\"4\"\/>At the interbank foreign exchange market, the rupee opened at 95.36 against the greenback and touched an intraday high of 95.12 before settling at 95.26.<span class=\"id-r-component br\" data-pos=\"6\"\/>On Friday, the domestic currency had closed 75 paise stronger at 95.60 against the dollar.<span class=\"id-r-component br\" data-pos=\"10\"\/><\/p>\n<p><h3>RBI governor\u2019s remarks boost sentiment<\/h3>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"12\"\/>Forex traders said the rupee also received support after Sanjay Malhotra assured that the <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/reserve-bank-of-india\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">Reserve Bank of India<\/a> would take necessary steps to ensure orderly movement in the foreign exchange market.<span class=\"id-r-component br\" data-pos=\"16\"\/>\u201cThe central bank will do \u2018whatever is required\u2019 to ensure orderly price discovery in the forex market,\u201d the RBI governor said during an interaction, as quoted by PTI.<span class=\"id-r-component br\" data-pos=\"18\"\/>Malhotra also stated that the rupee was not overvalued and could, in fact, be undervalued after its recent depreciation.<span class=\"id-r-component br\" data-pos=\"21\"\/><\/p>\n<p><h3>US-Iran negotiations lift global mood<\/h3>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"23\"\/>Traders also reacted positively after US President Donald Trump said the US and Iran had \u201clargely negotiated\u201d a peace pact aimed at ending the nearly three-month-long conflict.<span class=\"id-r-component br\" data-pos=\"25\"\/>Trump said he had advised negotiators \u201cnot to rush into a deal\u201d and that \u201cboth sides must take their time and get it right.\u201d<span class=\"id-r-component br\" data-pos=\"27\"\/>Meanwhile, US Secretary of State Marco Rubio said India and the US were close to finalising an interim trade agreement, adding to positive market sentiment.<span class=\"id-r-component br\" data-pos=\"30\"\/><\/p>\n<p><h3>Crude oil falls, equities rally<\/h3>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"32\"\/>The dollar index, which measures the US currency against a basket of six major currencies, was down 0.26 per cent at 99.98.<span class=\"id-r-component br\" data-pos=\"34\"\/>Brent crude prices also declined sharply, falling 5.10 per cent to $98.26 per barrel in futures trade.<span class=\"id-r-component br\" data-pos=\"36\"\/>Domestic equity markets rallied strongly on Monday. The BSE Sensex surged 1,073.61 points to settle at 76,488.96, while the NSE Nifty climbed 312.40 points to close at 24,031.70.<span class=\"id-r-component br\" data-pos=\"38\"\/>Foreign Institutional Investors (FIIs) turned net buyers during the session and purchased equities worth Rs 821.75 crore, according to exchange data.<span class=\"id-r-component br\" data-pos=\"40\"\/>Meanwhile, India\u2019s forex reserves fell by $8.094 billion to $688.894 billion for the week ended May 15, according to RBI data released on Friday.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/rupee-rally-currency-rises-34-paise-against-dollar-amid-hopes-of-us-iran-peace-deal\/articleshow\/131314636.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rupee appreciated by 34 paise to close at 95.26 against the US dollar on Monday, marking its third consecutive session of gains, amid improving global sentiment over a possible peace agreement between the United States and Iran.According to news agency PTI, the rupee strengthened as optimism grew around easing tensions in West Asia and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":18806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-18805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts\/18805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18805"}],"version-history":[{"count":0,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts\/18805\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/media\/18806"}],"wp:attachment":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}