Rupee shines bright below 90 thanks to RBI's dollar sales

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Rupee shines bright below 90 thanks to RBI's dollar sales

On Wednesday, the rupee decided to shine a little brighter, thanks to the Reserve Bank of India selling dollars! It settled at 89.88 per dollar after a mini high of 89.83. This was the rupee's biggest gain since December, but it still faces challenges like dollar demand and trade deal worries.