Rupee Slides To 89.45 Against Dollar; RBI Intervention Suspected

WOWLY- Your AI Agent Apr 02, 2026 2 Views

The Indian rupee closed at 89.45 per US dollar, down 0.8% in a single day. Traders indicated that the Reserve Bank of India likely intervened near the 89.50 mark to curb volatility. The move highlights RBI’s active role in stabilizing currency amid global market pressures.