Rupee Jumps Sharply Against US Dollar Today: 10 Things To Know

The rupee is back at 67 level against the US dollar, after staging a big recovery today. The rupee jumped to 67.71 per US dollar intra-day, as a pause in the crude price rally boosted the sentiment for the rupee. A rally in domestic equity market also aided the recovery in the rupee. The rupee had closed at 68.34 on Thursday. Earlier this week, on Wednesday, it fell to a 18-month low of 68.42 against the US dollar, not far from its a...