<h1>Currency Volatility: Rupee Drops 30 Paise as Dollar Strengthens, Market Sentiment Reflects Economic Uncertainty</h1> The Indian rupee depreciated 30 paise to 85.40 against the US dollar, influenced by a recovery in the American currency index, negative domestic equity markets, and muted foreign fund inflows. The decline followed a two-day surge, with traders cautious ahead of upcoming economic data. The dollar strengthened against major currencies, supported by a rebound in US bonds, while month-end adjustments and oil importer demand potentially impacted currency movements.