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MARKETS-ECONOMIC TIMES · INDIAN ·

Rupee records strongest week in 11 as bond inflows, softer oil prices lend support

As reported by Markets-Economic Times
The Indian rupee maintained steady ground against the dollar last Friday, closing almost flat. The day’s trading featured some ups and downs, yet the rupee celebrated its best weekly performance in eleven weeks, thanks to a surge in foreign investments into Indian markets.
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The Indian rupee concluded its strongest week in eleven weeks, primarily driven by a significant surge in foreign investments into Indian markets and supportive softer global oil prices. Despite closing almost flat against the dollar last Friday, the currency demonstrated…

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