Latest updates: Rupee rises 22-ps against USD

The Indian rupee rose 22 paise to 71.21 against the USD in the mid-morning trade Wednesday on improved selling of the dollars by exporters and banks. The domestic unit opened higher at 71.19 and spurted further to reach 22 paise Read more

Rupee drops to 74.14 on RBI rift with Govt

Meantime, the RBI has said that it will infuse Rs 40,000 crore into the system in November by buying govt bonds by way of open market operations for maintaining liquidity in the market.