Rupee logs best day in over 5 years, vaults 112 paise on crude slide

The Indian rupee rallied by a whopping 112 paise, its best single-day gains in over five years, to settle at 70.44 against the US dollar as softening crude oil prices eased concerns over India’s current account deficit expansion.

from Hindustan Times - business https://ift.tt/2SUikuk