<h1>Rupee Gains 11 Paise to Close at 85.68/USD Amid RBI Interventions; Faces Dollar Demand, Market Challenges.</h1> The rupee appreciated by 11 paise to close at 85.68 against the US dollar, aided by the Reserve Bank of India's interventions to stabilize the currency. Despite this, the rupee faces challenges from increased dollar demand, falling domestic equity markets, and foreign capital outflows. The rupee reached a low of 85.84 during intraday trade before recovering. The dollar index fell by 0.46%, and Brent crude rose to USD 77.11 per barrel. India's forex reserves decreased by USD 4.112 billion. Domestic equity markets saw significant declines, while India's services sector growth reached a four-month high in December. The Reserve Bank of India added 8 tonnes to its gold reserves in November.