Mumbai, May 16 -- Indian Rupee added to yesterday's losses today and currently trades at 85.64 per US dollar, down 10 paise on the day. It eased in volatile trades against the US dollar yesterday, sliding in tune with the bond yields. The US dollar Index is down modestly around 100.50 mark but the INR is not witnessing any appreciation. Overseas trade remained a critical factor as India's merchandise trade deficit in April widened to a five-month high of $26.42 billion.

Published by HT Digital Content Services with permission from Capital Market....