# Rupee Hits 6-Week High on Jio IPO

> Indian rupee reaches six-week high as Jio IPO boosts foreign inflows and dollar weakens.
- Title: Rupee Hits 6-Week High on Jio IPO · The Economic Times
- Summary: Indian rupee reaches six-week high as Jio IPO boosts foreign inflows and dollar weakens. The Indian rupee rose to 94.46, a six-week high, after Jio…
- Keywords: rupee, jio platforms, ipo, foreign portfolio inflows, rbi, dollar index, money, business, Hits, 6-Week, High, Jio
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/forex/rupee-soars-to-6-week-high-on-jio-ipo-flows-weaker-dollar/articleshow/135103368.cms
- Author: ET Bureau
- Published: 2026-10-22T00:12:00+00:00
- Read time: 1 min
- Topics: rupee, jio platforms, ipo, foreign portfolio inflows, rbi, dollar index, money, business
## Rupee Gains 230 Paise
The Indian rupee rose 230 paise since the central bank announced measures to support the local currency on October 10.
## Rupee Ends at 6-Week High
The rupee closed at 94.46 Wednesday, 46 paise stronger than its previous close.
## Jio IPO Boosts Foreign Inflows
Foreign portfolio inflows related to Jio Platforms' IPO helped the currency extend its recovery, traders said.
## Dollar Index Weakens
A softer dollar index - 101.6 compared with 101.9 a day earlier - also helped the rupee.
## Key takeaway

The Indian rupee rose to 94.46, a six-week high, after Jio Platforms' IPO attracted foreign portfolio inflows and the dollar index fell.