The Rupee closed weaker on Friday but held above its record low and ended slightly higher on the week as frequent interventions by the Reserve Bank of India supported the currency in the face of outflows and persistent dollar demand from importers. The rupee settled at 88.66 against the U.S. dollar, down from its close at 88.6125 in the previous session. On the week, though, the currency edged up by 0.1%. Ongoing uncertainty on U.S.-India trade negotiations is likely to keep the rupee under pressure, analysts at Goldman Sachs said in a note. "Even if trade uncertainty is reduced, we think the RBI will replenish its FX reserves on dips in USD/INR," the note added. The dollar index was up 0.2% at 99.8 and headed for a modest weekly gain as investors weighed the Federal Reserve's hawkish tilt against lingering concerns over the health of the U.S. economy. Tech-heavy stock markets, meanwhile, were heading for their biggest weekly declines in seven months as investors fretted over how far the rally in artificial intelligence stocks has run. The jitters weighed on risk assets globally, while boosting safe-havens like the Japanese yen . The U.S. dollar was set to end the week roughly unchanged on Friday as investors sought to balance the Federal Reserve's hawkish tilt against lingering concerns over the U.S. economy. The euro rose 0.35% against the dollar to $1.15868, outperforming other European currencies such as sterling and the Swiss franc . The euro is drawing support from expectations of a steady policy rate, while both the U.S. and the UK are expected to cut rates further in 2026. However, Chinese data suggests Beijing may have struggled to diversify exports away from the U.S., a trend that could stoke fears of mounting Chinese pressure on European markets. The dollar index , which measures the currency's strength against a basket of six peers, was down 0.24% at 99.443. It has recovered some strength but remained lodged within the same trading range it has sat in since August. A rush into safe-haven assets earlier this week supported the U.S. dollar, which has regained some of its safe-haven appeal, analysts said, even as the Japanese yen emerged as the market’s preferred defensive play. The dollar rose 0.06% against the yen to 153.12, after hitting 152.82 earlier in the session, its lowest level since October 30. Oil prices rose on Friday but remained on track for a second consecutive weekly loss after three days of declines on worries about excess supply and slowing U.S. demand. Brent crude futures rose 41 cents, or 0.65%, to $63.79 a barrel by 1357 GMT. U.S. West Texas Intermediate crude was up 46 cents, or 0.77%, at $59.89.......