🇮🇳 Rupee Recovers on Easing Trade Tensions The **Indian Rupee (INR)** closed Thursday with a **mild recovery**, snapping a **six-day declining streak**. This reversal was supported by an improvement in **global risk appetite**. The key catalyst was the decision by U.S. President Donald Trump to **step back from tariff threats** previously aimed at Europe regarding the Greenland issue. The market responded positively to the **de-escalation of this specific trade tension**, driving the INR's performance for the day.