Rupie reaches a weekly high against dollars: what leads the trend

The Indian rupie won 20 Paise on Wednesday, March 5 and reached a one-week high of $ 87.06 per US dollar. The rally was largely driven by the weakness of the dollar, but the profits of the rupie were less pronounced compared to other Asian currencies.

Why does the rupie rise?

The US dollar slipped to the lowest level in 2025 when global funds from the US assets were delivered to European markets.

Investors preferred European assets based on expected military spending and attractive ratings.

In addition, the concerns about increasing tariffs in the United States have burdened themselves on the calling of the dollar.

At home, Indian companies, including large exporters, sold long dollar positions and provided the rupie additional support.

However, according to currency retailers, foreign portfolio investors (FPIs) have not yet taken any significant steps to buy Indian stocks or sales dollars.

How is the rupie compared to other Asian currencies?

While the rupie has strengthened, it remains behind some of his regional colleagues. The Malaysian ring git, the Indonesian Rupiah and the Filipino peso made all greater profits against the dollar on Wednesday (March 5).

Currency dealers suggest that India generally sees strong dollar inflows in March, which the rupie could continue to support in the coming weeks.

In the meantime, foreign institutional investors (FIIS) have unloaded shares worth 3,405.82 billion GBP on Tuesday (March 4) according to Exchange data on a net grain.