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Rupee logs best single day gain this year, surges 56 paise to 67.78 a dollar

Updated : May 25, 2018 07:35 PM IST

Global crude prices fell sharply by over 2%, despite multiple production outage fears in major producing countries, either real or prospective, including Venezuela, Libya and Iran.
Brent crude futures, an international benchmark, is trading lower at $77.06 a barrel in early Asian trade.
Hardening concerns over fiscal deficit and current account deficit amid rising global crude oil prices have been weighing on the rupee.
Rupee logs best single day gain this year, surges 56 paise to 67.78 a dollar

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