<h1>Rupee gains fourth session to 87.84 vs dollar as Fed cut hopes and positive US-India trade talks boost flows</h1> The Indian rupee appreciated 25 paise to 87.84 against the US dollar, marking a fourth consecutive session of gains driven by weaker dollar sentiment ahead of an anticipated US Federal Reserve rate cut and positive domestic equity flows; market participants watch the Fed decision and chair commentary for further guidance. Concurrently, bilateral trade negotiations between US and Indian negotiators were described as positive, set against earlier US tariff increases on Indian goods that strained relations. Legal and regulatory implications include potential changes to cross-border trade obligations, tariff dispute risks, and market-sensitive policy shifts affecting foreign investment and currency volatility.