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Rupee Posts Largest Weekly Rise In Over 2 Yrs On Inflows
Hindustan Times Patna
|March 22, 2025
The Indian rupee posted its best day against the dollar in more than a month on the back of dollar inflows and an unwinding of speculative long-dollar positions, which also helped it log its best week in more than two years.
MUMBAI:
The rupee ended at 85.9725 against the US dollar from 86.3675 in the previous session. It rose to a 10-week high of 85.9375 during the session and gained 1.2% in the week.
A revival in domestic equities has lifted market sentiment for the rupee, Sugandha Sachdeva, founder of SS WealthStreet, a New Delhi-based research firm, said.
This story is from the March 22, 2025 edition of Hindustan Times Patna.
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