Rupee gains this week as dollar supply surges ahead of deposit window's close
The Indian rupee gained this week, closing at 95.3775 against the dollar, bolstered by increased dollar liquidity ahead of a special deposit window's closure. The rupee rose 0.3 percent over the week, reversing early losses due to deposit-related inflows. The Reserve Bank of India's deposit scheme ends on Monday, impacting future dollar liquidity in the banking system.