Indian rupee closes 6 paise higher at 94.34 per dollar on U.S. trade pact optimism

The Indian rupee ended 6 basis points higher against the U.S. dollar at 94.34, supported by optimism over progress on a proposed India-U.S. trade agreement. The dollar index slipped slightly, while Brent crude futures fell 0.65% to $79.33 a barrel. A delay in U.S.-Iran talks added geopolitical uncertainty, though there were no fresh escalations or supply disruption events. Indian equities slumped and foreign investors were net sellers of 10.25 billion rupees in a single session.