Indian Rupee Performance The Indian rupee declined marginally on Tuesday, settling at **90.19** against the US dollar. This downward pressure primarily stemmed from the exclusion of Indian sovereign bonds from a major global bond index, dampening anticipated capital inflows. The Reserve Bank of India (RBI) reportedly intervened in the foreign exchange market to dampen volatility and prevent a more significant depreciation of the currency. These central bank actions provided a floor for the rupee amidst broader market shifts. External factors further weighed on the currency's valuation. New US tariffs targeting nations engaged in trade with Iran, alongside specific currency swap arrangements, contributed to the rupee’s weakened position.