<ul><li>The rupee strengthened sharply against the US dollar on Tuesday, boosted by a plunge in the dollar index amid recessionary fears and geopolitical unease.</li><li>The Indian unit opened 20 paise higher at 85.85 to the dollar.</li><li>Financial markets in India were closed on Monday on account of Ambedkar Jayanti. The rupee settled at a low of 86.05 against the US dollar on Wednesday.</li><li>The dollar index, though trading 0.10% up at 99.74 as of 09:06 a.m., has slipped 4.22% in the last five sessions.</li></ul>

Rupee Opens Stronger On Plunging Dollar Index, Exports Likely To Pick Up In 90-Day Tariff Pause

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