May 02, 2025: The Indian rupee extended its upward momentum on Friday, buoyed by strong performance across Asian currencies and expectations of sustained foreign portfolio inflows. The currency’s rally comes after a nearly 1% surge on Wednesday, its best single-day performance in over two years. The one-month non-deliverable forward (NDF) suggested the rupee would open … Continue reading Rupee Rallies To Multi-Month Highs as Inflows Surge and Asian Currencies Rise