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Mumbai News LIVE: Rupee ends 66 paise higher at 86.79 against US dollar

Mumbai News LIVE Updates: The rupee on Tuesday rallied 66 paise, recording its steepest single-day recovery in nearly two years, to settle at 86.79 against the US dollar, backed by dollar selling by banks. According to forex traders, Tuesday's sharp gain a day after sliding closer to the 88 level shows a highly volatile currency market amid concerns over the worldwide tariff war. We are closing the LIVE blog now