<h1>Domestic currency recovers 13 paise from record low to close 88.02 as equities rise and crude softens</h1> The domestic currency recovered 13 paise from an all-time low to close at 88.02 against a major foreign currency, driven by positive domestic equities, softer crude oil prices and a weaker foreign-currency index, despite persistent foreign institutional outflows linked to tariff disputes between two countries. Intraday trading ranged between 87.98 and 88.19. Market commentary noted ongoing sensitivity to trade-tariff developments and upcoming US economic data (JOLTS, factory orders, non-farm payrolls). The dollar index eased and Brent crude fell about 1.66%. Domestic benchmarks rose materially while foreign investors sold equities worth Rs 1,666.46 crore, and services PMI hit a 15-year high in August.