MUMBAI: Rupee on Friday jumped 77 paise to 65.24 andsensex soared by 290 points to scale the 19,000-mark on continued hopes triggered by new RBI governor Raghuram Rajan's steps to push in more reforms in the financial sector.
Markets cheered the slew of proposals by Rajan, aimed at strengthening rupee and reviving growth, for the third straight day as investors appeared bullish.
Against Thursday's close of 66.01, the rupee on Friday ended at 65.24 -- the highest level in nearly 2 weeks -- on heavy dollar selling, capital flows and weak American currency overseas.
Markets cheered the slew of proposals by Rajan, aimed at strengthening rupee and reviving growth, for the third straight day as investors appeared bullish.
Against Thursday's close of 66.01, the rupee on Friday ended at 65.24 -- the highest level in nearly 2 weeks -- on heavy dollar selling, capital flows and weak American currency overseas.
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