# Rupee hits two-month high of 85.93 against US dollar on fresh inflows, logs biggest weekly gain in over two years | Stock Market News

> The rupee closed at 85.98 per dollar, its best day in two months, after a sharp rally in Indian equities and fresh foreign inflows. It logged its biggest weekly gain in more than two years and was the top-performing Asian currency in March 2025. The move was also helped by dollar inflows and unwinding of speculative long-dollar bets.

- Date: 2025-03-21 · published 2025-03-21T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/25883-rupee-hits-two-month-high-of-85-93-against-us-dollar-on-fresh-inflows-logs
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A stronger rupee makes Indian rice and meal offers more expensive for overseas buyers, which can slow export demand. Traders should watch whether the rally holds, since it affects Indian export competitiveness.

## Read by commodity

- USDINR: bearish ▼

## Sources

- livemint.com: https://www.livemint.com/market/stock-market-news/inr-vs-usd-rate-today-rupee-hits-two-month-high-against-us-dollar-logs-biggest-weekly-gain-in-over-two-years-11742557425779.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.