The Indian Rupee gained 3 paise, closing at 87.34 against the US dollar on March 03, 2025, due to a weaker dollar and falling crude oil prices (Brent at USD 72.45/barrel). Despite volatile markets and Foreign Institutional Investors (FIIs) selling Rs 11,639 crore, exporters sold dollars, supporting the rupee. If the trend holds, this key development could ease pressure on import-heavy firms, boosting stocks in oil, manufacturing, and export sectors.
