Mumbai, April 2 -- The Indian rupee logged one of its steepest single-day gains in many years and settled 156 paise higher at 93.14 (provisional) against the US dollar on Thursday after the Reserve Bank stepped in with a slew of measures to restrict banks from onshore forward markets. INR hit a high of 92.82 at one point of time. The dollar index regained momentum above 100 mark on Thursday, after a sharp drop in the previous session. Trump speech has created a sense of uncertainty, driving investors back to safe haven dollar. Meanwhile, domestic markets staged a gap-down opening, with benchmark indexes Sensex and Nifty declining around 2 percent in early trade, as U.S. President Donald Trump's address to the nation on the war in the Midd...
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