Rupee Surges After India’s Offshore Crackdown

India’s rupee just saw its biggest jump in over 12 years as the RBI continues its crackdown on offshore bets against the currency. Bhaskar Dutta explains how the central bank is restricting access to a $149 billion-a-day market often used to short the rupee: bloom.bg/4m3qcsa -------- Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to Bloomberg Originals: https://www.youtube.com/Bloomberg Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake