India rupee, stocks rally as new RBI chief fuels confidence

The rupee rallied and shares surged on Thursday after India’s new central bank chief unveiled a slew of measures to support the ailing currency and open markets, providing a shot of confidence for investors unnerved by the country’s worst economic crisis in two decades.

via Business feed http://www.scmp.com/business/economy/article/1303887/india-rupee-stocks-rally-new-rbi-chief-fuels-confidence