Rupee Hits 2025 Peak, Boosted by Portfolio Inflows, Exporter Hedging
Rupee Hits 2025 Peak, Boosted by Portfolio Inflows, Exporter Hedging New Delhi, April 30, 2025 — The Indian rupee surged to its strongest level in 2025 on Tuesday, buoyed by robust foreign portfolio inflows and aggressive hedging by exporters amid a relatively stable dollar index. The local currency appreciated to ₹81.25 per US dollar, marking…