Rupee gains against US dollar, RBI intervention causes market disruptions

• The Rupee gained 20 paise to reach 94.79 against the US dollar on Friday.
• The Reserve Bank of India's actions contributed to the Rupee's rise, but also caused market disruptions.
• Escalating crude oil prices limited further Rupee gains despite positive domestic equities.
• The Rupee's previous day's gains were built upon by a weaker US dollar.
• RBI's historic defense of the Rupee provided some relief but came at a cost.