Indian Rupee Ends Slightly Lower at 90.29 Against US Dollar
📉 Indian Rupee Settlement
The Indian Rupee reversed earlier gains to close 6 paise lower at a provisional **90.29** against the US Dollar on Wednesday.
The currency's depreciation was driven by a combination of factors. Strength in the US Dollar, continued **foreign institutional outflows** from capital markets, and **elevated crude oil prices** collectively outweighed the impact of likely central bank intervention.