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Rupee posts best weekly gains in over two years
Financial Express Pune
|March 08, 2025
Dollar Retreats
THE RUPEE ENDED stronger on Friday, posting its best weekly gain in over two years, as the US dollar declined sharply against major peers, which also helped lift the local unit's regional counterparts.
The rupee closed at 86.88 against the dollar on Friday, up nearly 0.3%. The currency also rose 0.7% week-on-week, its best performance since February 2023 with the dollar on course for its worst week in over two years.
Worries about a slowing US economy and back-and-forth in tariff policies weighed on the dollar this week.
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