<h1>Rupee weakens past 91 as trade deficit and India-US deal uncertainty drive depreciation, with RBI monitoring and possible intervention.</h1> The rupee's decline past 91 per dollar is ascribed to a widening trade deficit, weak capital account support and uncertainties from India-US trade talks; the INR is described as market-determined, while the Reserve Bank of India regularly monitors the foreign exchange market and intervenes to address excess volatility, with depreciation having offsetting effects on export competitiveness and import price pass through to domestic inflation.