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Currency watch: Rupee ends 3 paise higher at 85.70 vs dollar; equities dip as tariff talks loom

The rupee edged up to 85.70 against the US dollar, buoyed by optimism surrounding a potential US-India trade agreement, despite domestic equity markets declining. A commerce ministry team is preparing for further negotiations in Washington, aiming to resolve differences in key sectors. India is also advocating for the removal of additional import duties imposed by the US.