The Indian rupee posted its strongest weekly performance since March, closing at 95.35 against the U.S. dollar, supported by active RBI intervention.
The currency's rally was bolstered by central bank measures to curb volatility, even as global oil prices and rising U.S. Treasury yields posed challenges.
Market experts suggest the rupee will remain sensitive to global geopolitical tensions, with the RBI expected to continue its support to maintain stability.