INSUBCONTINENT EXCLUSIVE:
On Thursday, the domestic unit appreciated by 11 paise to settle at 71.45 against the dollar.
The
rupee strengthened by 13 paise - or 0.2 per cent - to 71.32 against the dollar in early trade on Friday, a day after the Reserve Bank of
India (RBI) surprisingly cut the key interest rate
The policy action by the RBI amid easing of crude oil rates supported the rupee, say analysts
On Thursday, the rupee moved 11 paise higher to settle at 71.45 against the dollar
However, it has depreciated about 2.4 per cent against the greenback so far this calendar year
