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The rupee remained flat at 85.92 against the US dollar in early trade on Tuesday, supported by a weaker greenback against global currencies and a decline in crude oil prices.
However, foreign institutional investor (FII) outflows and ongoing uncertainty surrounding India-US trade negotiations limited any upward movement, according to forex traders.
At the interbank foreign exchange, the rupee opened at 85.97 before edging up to 85.92—unchanged from its previous close. On Monday, the rupee had declined by 12 paise to settle at 85.92 against the dollar.
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