Indian rupee logs biggest weekly rise in months amid market optimism
The :contentReference[oaicite:1]{index=1}’s interventions and improving sentiment helped the Indian rupee strengthen about 72 paise during the week, ending at ~₹87.97 per U.S. dollar. The move marked the currency’s best weekly gain in several months, supported by broad equity inflows and softening external-pressure signals. Analysts say the rally reflects increased foreign interest in Indian assets and may ease inflation risk, though they caution the trend could reverse if global headwinds re-emerge.
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1 day ago
Indian rupee logs biggest weekly rise in months amid market optimism
The :contentReference[oaicite:1]{index=1}’s interventions and improving sentiment helped the Indian rupee strengthen about 72 paise during the week, ending at ~₹87.97 per U.S. dollar. The move marked the currency’s best weekly gain in several months, supported by broad equity inflows and softening external-pressure signals. Analysts say the rally reflects increased foreign interest in Indian assets and may ease inflation risk, though they caution the trend could reverse if global headwinds re-emerge.
positive
Indian rupee logs biggest weekly rise in months amid market optimism
1 day ago
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The Indian rupee rose ~72 paise this week, its strongest weekly gain in months, backed by intervention and inflows.
The :contentReference[oaicite:1]{index=1}’s interventions and improving sentiment helped the Indian rupee strengthen about 72 paise during the week, ending at ~₹87.97 per U.S. dollar. The move marked the currency’s best weekly gain in several months, supported by broad equity inflows and softening external-pressure signals. Analysts say the rally reflects increased foreign interest in Indian assets and may ease inflation risk, though they caution the trend could reverse if global headwinds re-emerge.
The :contentReference[oaicite:1]{index=1}’s interventions and improving sentiment helped the Indian rupee strengthen about 72 paise during the week, ending at ~₹87.97 per U.S. dollar. The move marked the currency’s best weekly gain in several months, supported by broad equity inflows and softening external-pressure signals. Analysts say the rally reflects increased foreign interest in Indian assets and may ease inflation risk, though they caution the trend could reverse if global headwinds re-emerge.