The Indian Rupee holds firm at 85.16 as it faces challenges from fluctuating oil prices. Market observers wonder if the rupee will maintain its position above 85.38 or if a decline to 84.99 is imminent. Key trading cues emerge as global oil price movements significantly impact the rupee-dollar pair. Investors and traders are analyzing prices closely, searching for hints and signals that could indicate future currency movements. With steady Foreign Institutional Investor (FII) inflows, the market remains cautiously optimistic.