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The Hindu Businessline

World / The Hindu Businessline

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RBI backstop keeps rupee stable, blunting importer dollar demand impact

The rupee opened at 94.89 against the U.S. dollar and briefly moved higher, before trading around the previous days close for most of the session. The currency ended at 94.97, after having settled at 94.95 on Tuesday.

2 Sep 2026 3:55 pm