INSUBCONTINENT EXCLUSIVE:
The domestic currency had tumbled 17 paise to 71.24 against the dollar on Wednesday.
The rupee
recovered by 52 paise to close at 70.72 against the dollar on Thursday as investors wagered on de-escalation of tensions between India and
Pakistan, reported news agency Press Trust of India (PTI)
A weaker dollar and slipping oil prices also propped up the local unit, traders were quoted as saying in the PTI report
The domestic currency had tumbled 17 paise to 71.24 against the dollar on Wednesday
Here are 10 things to know about rupee:At the forex market, the domestic unit opened slightly up at 71.22
after two days of weakness against dollar on chances of de-escalation of tension with Pakistan.In a surprise announcement, Pakistan Prime
Minster Imran Khan told a joint session of Parliament that IAF's captured pilot Wing Commander Abhinandan Varthaman will be released on
currencies, dropped 0.22 per cent to 95.94 on Thursday as US President Donald Trump's summit with North Korean leader Kim Jong Un ended
Indian economy growing to a lower-than-expected 6.6 per cent, the lowest in five quarters, dragged by lower farm and manufacturing
growth.Brent crude futures, the global oil benchmark, slipped 0.92 per cent to $65.83 per barrel on rise in US crude oil output and weaker
to settle at 10,792.Foreign investors (FIIs) remained net buyers in the capital markets, putting in Rs 423 crore on a net basis on
