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    <title>Rupee falls 5 paise to close at 86.36 against US dollar</title>
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    <description>Rupee movement reflected market sensitivity to ongoing negotiations for an interim trade agreement between India and the US, with uncertainty over the talks and the expiry of a tariff suspension treating the outcome as a primary determinant of near term exchange rate direction. Analysts linked the rupee&#039;s modest decline to foreign fund outflows and weak domestic equities, even as a softer dollar and lower crude prices provided partial support. Until negotiation outcomes and forthcoming US macro data are known, market participants were expected to remain cautious, affecting currency and equity volatility and exporter risk.</description>
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