<h1>Indian Rupee Gains 2 Paise to 86.93 Against USD Amid Weaker Dollar, Lower Crude Prices; RBI Intervention Suspected</h1> The Indian rupee closed slightly higher by 2 paise at 86.93 against the US dollar, supported by a weaker dollar and lower crude oil prices, despite a lackluster domestic equity market. The Reserve Bank of India likely intervened to protect the rupee at 86.90, but continuous foreign fund outflows affected investor sentiment. The rupee had previously appreciated by 66 paise on Tuesday. Analysts suggest future rupee movements will depend on the dollar index and global risk sentiment, with key support and resistance levels identified. The US dollar index fell slightly, and Brent crude prices decreased. Domestic equities saw minor declines, with foreign investors selling equities worth Rs 2,789.91 crore.