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flag Indian rupee rises 5 paise to 88.74 vs dollar on strong markets, despite investor outflows and falling reserves.

flag The Indian rupee rose 5 paise to 88.74 against the U.S. dollar on October 6, 2025, boosted by strong domestic equity markets and expected capital inflows from major upcoming IPOs. flag Despite this gain, foreign institutional investors sold ₹1,583 crore in equities, and the rupee remains under pressure from ongoing outflows and global risk aversion. flag The dollar index rose to 98.05, while India’s foreign exchange reserves fell by $2.3 billion to $700.2 billion. flag External Affairs Minister S Jaishankar reiterated that India will not compromise on key red lines in ongoing trade talks with the U.S., despite efforts to reach a mutually acceptable agreement.

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