Rupee vs US Dollar: INR posts biggest single-day gain in two months versus USD

The rupee jumped 25 paise from its previous close to 82.69 versus the US dollar on Wednesday. This is the biggest single-day gain vs the greenback in two months.  Earlier in the session, the currency opened at 83 vs greenback, down six paise from its previous close.

The dollar index — which measures the American currency against the yen, the pound, the Canadian dollar, the Swedish krona, the Swiss franc and the euro — was last trading 0.1 percent lower at 103.4.

Crude oil benchmarks gained on Wednesday. At the last count Brent crude futures were trading 0.19 percent higher at $84.19 per barrel. WTI futures, too, were trading 0.18 percent lower at $79.78 per barrel.