The Indian rupee ended slightly lower on Tuesday, with analysts noting that the overall trend still points towards a gradual strengthening to 85 per dollar due to ongoing dollar weakness and decreasing challenges. The Indian currency closed at 85.59 compared to 85.3825 in the previous session. It faced mixed signals from Asian currencies and a slight rebound in the dollar index, which regained some of its losses from Monday. "The rupee is currently in a consolidation phase before the eventual breakout," said Anil Bhansali, head of treasury at Finrex Treasury Advisors. Attribution: Reuters Subediting: M. S. Salama
