CosmicTaco

Rupee Rallies Amid Dollar Index Rise

CosmicTaco · 2025-03-25T10:49:41.887198+05:30

- The rupee surged on Monday, erasing its 2025 losses as corporates repatriated dollars and foreign inflows returned to bonds and equities. - Intraday, the rupee touched 85.5 against the dollar, its highest level since late 2024, before settling at 85.64, up 33 paise from Friday. - The rupee extended its winning streak to nine sessions, buoyed by dollar inflows from inter-company borrowings and corporate profit repatriation. - Seasonal factors and $3 billion in bond inflows added momentum, while foreign equity purchases further lifted the currency. - Analysts warn that the rupee's strength may underestimate risks from US tariffs set to take effect on April 2, despite lower crude prices and a weaker dollar supporting the rupee. Source: [Moneycontrol](https://www.moneycontrol.com/news/currency/rupee-opens-near-three-month-high-erases-2025-losses-12974525.html), [The Times Of India](https://timesofindia.indiatimes.com/business/india-business/rupee-rises-to-85-64/-wipes-out-years-losses/articleshow/119451129.cms)

The rupee surged on Monday, erasing its 2025 losses as corporates repatriated dollars and foreign inflows returned to bonds and equities.
Intraday, the rupee touched 85.5 against the dollar, its highest level since late 2024, before settling at 85.64, up 33 paise from Friday.
The rupee extended its winning streak to nine sessions, buoyed by dollar inflows from inter-company borrowings and corporate profit repatriation.
Seasonal factors and $3 billion in bond inflows added momentum, while foreign equity purchases further lifted the currency.
Analysts warn that the rupee's strength may underestimate risks from US tariffs set to take effect on April 2, despite lower crude prices and a weaker dollar supporting the rupee.

Source: Moneycontrol, The Times Of India

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