<h1>Rupee Drops to 85.61 Against Dollar Due to Strong USD, Weak Equities, and Foreign Outflows.</h1> The rupee fell by 9 paise to 85.61 against the US dollar due to the strengthening of the American currency and weak domestic equities. This depreciation is influenced by the Federal Reserve's cautious stance, the 'Trump factor,' and rising US yields. Domestically, slowing growth, a widening trade deficit, and foreign fund outflows add pressure. The rupee opened weaker at 85.54 and further declined due to month-end dollar demand from importers. The dollar index was slightly down, while Brent crude rose. Domestic markets saw declines, with significant foreign investor outflows. India's current account deficit slightly moderated to USD 11.2 billion.