Indian rupee records steepest weekly decline in a month as it nears 91 mark against dollar
The Indian rupee fell to 90.98 on Friday amid geopolitical tensions and portfolio outflows. Central bank intervention helped stabilize the currency today.
The Indian 
IN rupee closed at 90.9825 per United States 
US dollar on Friday, marking its steepest weekly fall in a month. This decline was driven by likely portfolio outflows and lingering geopolitical tensions that increased demand for the dollar. Despite the pressure, the central bank intervened by supplying dollars in the market, which limited further depreciation and kept the currency just above the psychologically important 91-per-dollar level.
IN rupee closed at 90.9825 per United States US dollar on Friday, marking its steepest weekly fall in a month. This decline was driven by likely portfolio outflows and lingering geopolitical tensions that increased demand for the dollar. Despite the pressure, the central bank intervened by supplying dollars in the market, which limited further depreciation and kept the currency just above the psychologically important 91-per-dollar level.
