<ul><li>The rupee opened stronger against the US dollar on Wednesday amid softening inflation, as the dollar index slipped and safe-haven assets lost sheen post the unpredictability of policy announcements from Washington.</li><li>Indian retail inflation fell to its lowest since August 2019, primarily due to lower vegetable prices. The consumer price index-based inflation moderated to 3.34% in March, from 3.61% in February.</li><li>India's trade data showed an increase in the trade deficit for the month of March, with exports easing and imports growing.</li><li>For the rupee, 85.45 acts as a support while 86.00 is a resistance.</li></ul>

Rupee Strengthens Against US Dollar For Third Day Amid Global Tariff Uncertainties, Easing Inflation

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