Rupee jumps 20 paise to close at 83.07 against the US dollar
The US dollar index was lower by 0.11% in Asia at 105 while 10-year US Treasury yield fell 2 basis points to 4.34%, off its 16-year high hit on Tuesday.
The Indian rupee ended 20 paise higher against the US dollar on Wednesday amid likely intervention by the Reserve Bank of India (RBI) and easing crude oil prices. The local currency ended at 83.07 a dollar as compared to Monday's close of 83.27.
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