Stamping its best single-day show this year, the rupee on Wednesday surged 37 paise to breach the the psychological 64-level against the US dollar and finally ended at a fresh two-year-high of 63.70 after the RBI set the platform by lowering the repo rate by 0.25 per cent.
This is the best closing for the home currency since July 22, 2015, when it had ended at 63.58.