The rupee strengthened by 6 paise to close at 85.65 against the US dollar amidst a firm dollar in overseas markets and crude oil prices near $70 per barrel.
At the interbank foreign exchange, the rupee opened weak at 85.84 and traded between 85.93 and 85.65 before settling at 85.65.
Trade deal negotiations, tariff delay extensions, and stabilizing factors around the 86.00 mark helped the rupee recover slightly during the day.
Brent crude rose to $70.38 per barrel, while the dollar index climbed to 97.02. In the domestic market, the Sensex and Nifty dropped, with FIIs offloading equities worth Rs 26.12 crore.