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<h1>Currency appreciation driven by dollar weakness and positive markets boosts local unit amid crude price pressure.</h1> The rupee appreciated against the US dollar due to dollar weakness and positive domestic equities, while crude oil price gains and trade tariff concerns limited sharper appreciation. Analysts expect a slight positive bias for the rupee but note that foreign investor outflows may cap upside. Observed indicators include intraday USDINR ranges and a forecast trading band, recent FII equity selling, a weekly increase in foreign exchange reserves following prior declines, and a modest rise in wholesale price inflation.