INSUBCONTINENT EXCLUSIVE:
at 73.16 against the dollar on Wednesday, the highest closing level since October 1
Selling of the dollar by banks and exporters amid easing of crude oil prices along with a bounce-back in the domestic equity markets
supported the rupee, say analysts
The rupee touched an intraday high of 73.09 during the session, before settling at 73.16 for the day
Despite Wednesday's gain, the rupee is still down more than 14 per cent so far this year
