The rupee ended 16 paise stronger at 47.1850/1950 per dollar last week on the back of robust greenback inflows.
The Indian unit climbed new peaks each trading day of the week also on account of the continued weakness of the greenback against major currencies.
Forward premiums crashed to their lifetime lows amid a bullish outlook for the rupee and a shortage of cash dollars.
The rupee, which Monday finished at a 20-month closing high of 47.3050/3100 as against Friday