Rupee ends choppy week on a quiet note, slight downward bias may persist

The Indian Rupee saw a volatile week, closing nearly unchanged on Friday. It initially rose to a two-week high before retreating. This happened as the dollar and U.S. bond yields increased despite a U.S. rate cut. The rupee is expected to trade between 87.50 and 88.50. Concerns about U.S. tariffs continue to weigh on the currency.