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<h1>Exchange rate movement: Rupee appreciation amid trade deal optimism and investor focus on global cues and RBI signals.</h1> Rupee appreciated seven paise to close at 87.86 against the US dollar, supported by positive domestic equities and risk on sentiment amid optimism over an India-US trade deal; investors are watching global cues, US economic data and FEMA/RBI monetary signals for further direction, with concurrent movements in the dollar index, crude futures and foreign institutional flows affecting the exchange rate.