<h1>Rupee recovers 9 paise to 88.26 vs dollar amid tariff tensions, FII outflows, US rate-cut hopes, forex reserve gains</h1> The rupee recovered 9 paise to close at 88.26 against the dollar after touching record lows, with volatility attributed to tariff-related export pressures, sustained foreign fund outflows and movements in the US dollar index and global risk sentiment. Market commentary flagged potential limits to appreciation due to ongoing bilateral trade tariff uncertainty and FII flows, while expectations of US rate cuts may support currency gains. Recent official data showed a rise in retail inflation and a sizable weekly increase in forex reserves. Ongoing government-to-government trade negotiations were reported to be progressing positively.