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<h1>Rupee weakens to 89.94 amid equity weakness, FII outflows and awaiting US India trade talks and Fed cues.</h1> The rupee weakened to 89.94 per US dollar due to weak domestic equities and sustained foreign institutional outflows; market participants await US Federal Reserve guidance and progress in US India bilateral trade talks, which are described as material determinants of near term exchange rate direction, while analysts note crude and a softer dollar may offer limited support and expect USDINR to trade within a defined intraday range.