Indian Rupee Heads for Best Week in Seven Months

The Indian rupee extended its rally to a fifth consecutive session heading toward its steepest weekly gain in seven months. Regulatory curbs and central bank intervention successfully rescued the currency from record lows.

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A man counts Indian currency notes at a roadside currency exchange stall in the old quarters of Delhi, India, February 2, 2026. REUTERS/Anushree Fadnavis

The India rupee rose 2% to 94.88 per dollar on Friday, heading for its steepest weekly gain in seven months. Regulatory curbs and central bank intervention rescued the currency from a record low.

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