Rupee Recovers After Falling to 65.32/Dollar

The rupee recovered from its day's low of 65.32/dollar, aided by a rebound in Indian equity markets. At its day's high, the rupee edged up to 65.06. On Thursday, the rupee ended at 65.10, which marked its sixth fall in a row. The partially convertible rupee last traded around these levels in September 2013 when the country was struggling with slow growth and high deficits. The yuan's over 4 per cent devaluation over the last three ...