
RBI rescue? Rupee rises 71 paise in a day to 86.76 vs $ – The Times of India
MUMBAI: Central bank intervention may have helped the rupee strengthen by 71 paise on Tuesday – its biggest single session gain in over two years – to close below the 87-to-the-dollar mark for the first time since February 3. After sliding for days, RBI reportedly intervened in the forex market late on Monday and also…