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Rupee rises 4 paise to settle at 85.69 against US dollar

  • The Indian rupee strengthened by 4 paise to settle at 85.69 against the US dollar on expectations of an upcoming trade deal between India and the US.
  • The rupee opened at 85.62 and traded in the range of 85.69 and 85.53 during the day before closing at 85.69.
  • A Commerce Ministry team from India is set to visit Washington for trade talks to resolve differences in sectors like agriculture and automobiles, aiming for a comprehensive deal.
  • The dollar index declined while the Sensex and Nifty also saw losses, with FIIs buying equities worth ₹77 crore on Wednesday.

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