Rupee logs biggest 1-day rise in a month to hit 86.95/$

Likely intervention by the Reserve Bank of India (RBI) also helped the currency gain Wednesday, traders said, as the equity indices snapped a 10-day losing streak to log the biggest gains in a month. Likely intervention by the Reserve Bank of India (RBI) also helped the currency gain Wednesday, traders said, as the equity indices snapped a 10-day losing streak to log the biggest gains in a month.  Economic Times

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