The Indian rupee closed at 88.78 against the US dollar today, October 3, 2025, down marginally on the week but steady just above its all-time low of 88.80, hit on Tuesday.

The rupee has been weakening due to the US-India trade frictions and portfolio outflows, with foreign investors net selling over USD 2.5 billion of local stocks in September.

Analysts suggest the Indian rupee is expected to remain volatile this week due to various factors such as global financial market volatility, geopolitical tensions and the upcoming US non-farm employment data.

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"We expect the dollar index to remain volatile this week amid volatility in the global financial markets, geopolitical tensions and ahead of the US non-farm employment data. The rupee could trade in t

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