INR vs USD: Rupee rallies most in over two years, back above 87/dollar mark on likely RBI intervention | Stock Market News
Source: Live Mint The Indian rupee witnessed a sharp surge on Tuesday, rallying the most in over two years against the US dollar, aided by the central bank’s heavy-handed intervention. According to a Reuters report, the jump in the domestic currency also triggered stop losses for speculators betting against the currency. The Reserve Bank of…