Rupee Gains 42 Paise Against Dollar: 10 Things To Know

The rupee opened on a strong note at 71.70 against the US dollar, then appreciated further to 71.59, showing a rise of 42 paise over its previous closing. It had lost 16 paise to 72.01 per US dollar on Wednesday. Rupee logged gains a day after newly-appointed RBI Governor Shaktikanta Das said that he would adopt a consultative approach and move quickly to meet the chiefs of state-run banks to tackle issues facing the banking secto...