Rupee Falls 1.4% Weekly, Largest Since 2022

India's rupee fell 1.4% weekly to 94.2550 per USD, its biggest weekly loss since September 2022.
Brent crude rose above $106.50 a barrel, marking a fifth consecutive day increase and fueling inflation concerns.
RBI eased earlier currency support measures introduced in late March/early April, while 10‑year bond yield slipped to 6.94% after a brief rise.
Karur Vysya Bank treasury head VRC Reddy highlighted hedging‑driven dollar demand and expects 10‑year yields to stay around 6.95‑7.00%.