Rupee Rebounds From Record Low as India Acts to Curb Speculation

Rupee Rebounds From Record Low as India Acts to Curb Speculation

Prashanth Vishwanathan/Bloomberg

The rupee advanced 0.9 percent to 60.0950 per dollar as of 9:29 a.m. in Mumbai, the biggest gain since June 28, according to prices from local banks compiled by Bloomberg.