Rupee's rally powered by changing offshore view: Report

The rupee climbed to a more-than-one-month high of 81.5950 to the dollar on Wednesday, adding to its 0.7% surge in the previous session when it breached the key 82.20-82.00 levels. The rupee's jump took market participants by surprise, considering that the USD/INR had been holding a narrow range over the past several sessions. https://ift.tt/ogMwaVm