<h1>Currency movement: rupee firms amid equity gains and softer oil, but tariff tensions and FII outflows keep markets cautious.</h1> The rupee recovered modestly to settle near eighty-eight against the US dollar on positive domestic equities, softer crude prices and a weak US dollar index, while persistent foreign institutional outflows and trade tariff concerns with the US continued to weigh on the currency. Domestic macro strength, including a rising services PMI, and lower oil prices may support the rupee, but investors remain cautious ahead of key US economic releases.