The Indian rupee surged nearly 1% against the US dollar, aided by the RBI's intervention, marking its strongest rally in over two years. The currency stabilized at 86.6362 per dollar, moving above ...

On Wednesday, the rupee depreciated 3 paise to close at 85.62 against the US dollar. "The Indian rupee rose sharply on Friday on a weak US Dollar and a decline in US treasury yields.