Indian Rupee Strengthens 0.4% to 90.54 as RBI Floods Market with Dollar Sales

The Indian Rupee rose 0.4% to 90.54 per dollar, aided by heavy RBI dollar sales. Traders say the intervention aims to stabilize the currency amid global pressures. The move reassures investors of RBI’s commitment to currency stability, though external factors like oil prices and US rates remain key drivers.

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