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INR 
| 93.905 |  | United States Dollar |
It's unlikely that the RBI would intervene as it would be comfortable with the rupee at the current levels. A sharp appreciation in the rupee tends to hamper exports.
In fact, the rupee has appreciated from record lows of 68.81 in the month of Jan, to the current levels of Rs 61. The rupee may see volatility as we draw closer to the election results.
Analysts are betting on a significant appreciation in the rupee, should a Narendra Modi government assume charge at the centre. Check currency rates here
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