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<h1>Trade agreement talks to resolve tariff-induced export uncertainties as currency and markets respond to US monetary cues.</h1> The rupee strengthened against the US dollar on weak US data and expectations of a Federal Reserve rate adjustment, narrowing USD/INR trading ranges ahead of the FOMC meeting. Simultaneously, India and the United States began chief-negotiator talks on a proposed trade agreement to address tariff-related uncertainties affecting exporters, with these negotiations influencing market and exporter risk perceptions.