INSUBCONTINENT EXCLUSIVE:
INR Vs USD: On Tuesday, the rupee touched a fresh lifetime low of 72.75 in intraday trade.
The
domestic currency traded in a wide range on Wednesday
The rupee rose as much as 84 paise against the dollar in intraday trade, after sinking to a fresh all-time low of 72.91
Suspected intervention by the Reserve Bank of India (RBI) to contain rupee depreciation supported the currency against the greenback,
according to news agency Press Trust of India
The Finance Ministry said that the government and the Reserve Bank of India will do "everything" to ensure that the rupee does not
depreciate to "unreasonable levels"
