Rupee jumps 2%, surges past 93 first time in nearly 2 weeks after RBI measures

The rupee climbed almost 2% to 92.94/US dollar after the latest RBI measures to curb a near one-way move witnessed in the currency over the last few days.

The Indian rupee extended gains against the U.S. dollar and rose above the 93 handle for the first time in nearly two weeks, as the central bank imposed curbs on speculative activity.

The surge comes after the central bank imposed curbs on speculative activity. (AFP)

The rupee climbed almost 2% to 92.94 per U.S. dollar after the latest central bank measures to curb a near one-way move witnessed in the currency over the last few days.