Rupee again see a jump? Dollar crash badly

World

Rupee again see a jump? Dollar crash badly

The rupee on Friday strengthened by 17 paise to close at 86.95 against the US dollar in the interbank foreign exchange market. The rupee gained due to the US dollar index falling to a five-month low and the fall in crude oil prices on expectations of a decline in demand. However, foreign exchange traders say that the domestic currency remained…