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<h1>Currency Resilience: Rupee Gains 2 Paise Against Dollar Despite Market Volatility and Oil Price Challenges</h1> The Indian rupee settled 2 paise higher at 85.38 against the US dollar in a volatile trading session. Despite weak domestic markets and elevated crude oil prices, the currency recovered as the US Dollar index softened. Month-end import demand and market conditions influenced trading, with analysts expecting the rupee to trade within a specific range. Foreign institutional investors purchased equities, and industrial production growth slowed in April.