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    <title>Rupee settles 1 paisa higher to close at 94.15 against US dollar</title>
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    <description>The rupee closed marginally stronger against the US dollar after recovering from intraday weakness, but remained under pressure from global uncertainty, West Asia tensions, elevated crude oil prices and foreign institutional investor selling. Market commentary noted a negative underlying bias, with traders watching the possibility of RBI intervention around higher levels. The report also noted a slight decline in the dollar index, higher Brent crude prices, rising domestic equities and an increase in India&#039;s foreign exchange reserves over the reporting week.</description>
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