USD/INR trading at 72.06 Against its opening at 72.20.
India appointed former finance ministry official Shaktikanta Das as RBI Governor.
Markets open higher ,Sensex gains over 250 points, Nifty above 10600.
Bonds rally after appointment of new RBI governor, rupee falls.
gold price were steady early on Wednesday, supported by expectations of fewer rate hike.
Oil rises more than 1 percent on OPEC-led supply cuts, trade talk hopes.
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