<ul><li>The Indian rupee closed stronger against the US dollar on Thursday after erasing early losses triggered by fresh tariffs imposed by US President Donald Trump.</li><li>The rupee strengthened 7 paise to close at 85.44 against the US dollar, recovering from the biggest opening drop since March 10.</li><li>Oil prices declined after Trump's tariff announcement, raising concerns over global economic growth.</li><li>The US has introduced reciprocal tariffs that are significantly higher than market expectations, with higher tariffs on India, China, and the European Union coming into force from April 9.</li></ul>

Rupee Closes Stronger Against Dollar After Trump Tariffs Impact

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