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Call 91.1 for rupee answered! How RBI rescued INR after 5-day slide

The Indian rupee rebounded sharply on Wednesday, posting its strongest single-day gain in two months after decisive RBI intervention halted a five-session slide. The currency closed at 90.38 per dollar, recovering from record lows near 91, as aggressive dollar sales by state-run banks curbed speculative pressure despite persistent headwinds from capital outflows and stalled U.S.India trade talks.

17 Dec 2025 4:50 pm