<h1>Rupee recovery eases pressure as forex volatility persists amid trade talks and monetary policy uncertainty.</h1> Rupee recovered modestly from a lifetime low in early trade as a weaker US dollar and hopes for progress in India-US trade talks supported the currency, while gains were capped by foreign institutional investor outflows and rising international crude oil prices. Market participants highlighted that the Reserve Bank's upcoming policy decision and broader foreign fund flows and trade policy uncertainties will be key determinants of near term currency and market direction.