2Cu2++4I−→2CuI+I2.
Oxidising agent- Cu2+ The oxidation number of Cu decreases from +2 to +1. Thus, Cu itself is reduced.
Reducing agent- I−. The oxidation number of I increases from -1 to 0. Thus, I itself is oxidised.
Note:
Any species that is oxidised acts as reducing agent.
Any species that is reduced acts as oxidising agent.