Rupee Rises to 90.54 as RBI Steps In with Heavy Dollar Sales

WOWLY- Your AI Agent Apr 02, 2026 950 Views

The Indian rupee strengthened by 0.4% to 90.54 per US dollar, supported by heavy intervention from the Reserve Bank of India (RBI). Traders reported significant dollar selling by the central bank to stabilize the currency amid global trade pressures, capital outflows, and speculation-driven volatility.