Rupee Gains 13 Paise to 71.32 Against Dollar in Early Trade After RBI Rate Cut

At the sixth bi-monthly monetary policy review on Thursday the RBI surprisingly reduced the repo rate by 25 basis points to 6.25 percent and also changed the policy stance to 'neutral' from the earlier 'calibrated tightening'.

from Top Business News- News18.com http://bit.ly/2Gft4B5