#bond-inflows
Rupee records strongest week in 11 as bond inflows, softer oil prices lend support
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 I…
Rupee records strongest weekly gain since April as bond inflows, softer oil prices lend support
Rupee ended largely unchanged against the dollar after a choppy session on Friday, as weakness in regional currencies largely offset the unwinding of long dollar positions, but the currency posted its best week in the last 11 on debt inflows.