The Indian rupee surged 94 paise to 95.77 against the US dollar at the open strengthening from its previous close of 96.71, after the Reserve Bank of India (RBI) announced a series of measures to curb speculative activity and ease pressure on the domestic currency. The RBI on Saturday barred the rebooking of cancelled rupee-linked foreign exchange derivative contracts, lowered the threshold for forex transactions without underlying exposure and mandated a 20% cash reserve against certain foreign exchange contracts. #IndianRupee #RupeeVsDollar #USDINR #RBI #US Dollar #ForexMarket #BusinessNews #News18 n18oc_breaking-news CNN-News18 is your trusted source for breaking news, updates, and in-depth analysis from around the world. CNN-News18 is dedicated to bringing you the latest news, trends, and insights, helping you stay informed and up-to-date. Subscribe Now and join our community of informed and engaged viewers. Follow Every Breaking Story LIVE 🔴 Watch News18 LIVE 24x7: https://youtub