Rupee holds up well to dollar’s rally, almost unchanged week-on-week
The rupee was little changed on a week-on-week basis, avoiding the losses that its Asian peers incurred due to the rally in the dollar index, aided by dollar sales by foreign banks. The rupee was marginally down at 82.04 to the dollar on Friday and was up about 0.1% for the week. The local currency was in 81.60 to 82.30 range this week. The rupee reached this week’s low of 82.
