<ul data-eligibleForWebStory="false">Rupee opened at 85.62 against the dollar, touched an early high of 85.56, rising 17 paise from its previous close.US-India trade talks showed modest progress with tariff deadline extensions, supporting the rupee.US excluded India from countries issued tariff letters, with imposed tariff deferred to August 1.Dollar index fell, Brent crude price at $70.17 per barrel, affecting India's trade balance and putting pressure on the rupee.