<h1>INR/USD exchange rate slide driven by outflows and importer demand; rupee closes at 90.20 amid reported RBI dollar sales</h1> The report describes a movement in the INR/USD exchange rate in the interbank foreign exchange market, with the rupee closing at 90.20 per US dollar, and attributes the depreciation to macroeconomic data, foreign portfolio outflows, importer dollar demand, and a stronger dollar index, while noting cushioning from lower crude prices and higher domestic equities. It also notes market reports of RBI selling US dollars through state-owned banks as a stabilisation measure, which would operate to moderate intraday volatility and slow the pace of rupee depreciation, but it does not describe any notified legal amendment, regulatory direction, or change in FEMA/RBI compliance requirements.