INSUBCONTINENT EXCLUSIVE:
The rupee is still down around 12.7% against the dollar so far this year
The rupee appreciated by 33
paise, or 0.5 per cent, to close at 71.97 against the dollar on Thursday
That marked the highest closing level for the rupee since 71.84 on September 14
Wednesday's rise also marked the first time the rupee rose to 71 levels on a closing basis in two months
Crude oil prices' continuous decline along, selling of dollars by exporters and strength in domestic equity markets boosted the rupee, say
The upmove in the rupee came despite a rising dollar overseas as its appeal as a safe-haven bet improved amid Brexit-related concerns
