Rupee vs dollar: Indian currency posts biggest weekly gain in 20 months as RBI stands aside
Rupee vs dollar: The Indian rupee rose to its highest level in nearly six months on Friday, gaining for a third straight session, with traders saying the central bank refrained from currency intervention as foreign investors piled into equity markets.
The rupee rose nearly 2% for the week, its biggest weekly gain since the week ending Dec. 21, 2018 when it rose 2.4%. Photo: Reuters