Not able to import classes from jar (already downloaded) using custom maven nexus repository

Question

I am able to successfully upload my jar to custom nexus repository. Now when i try to use this jar as dependency in another project, i see its downloaded but not able to import classes from it. As i type the name of class, it gives suggestion but as soon as it auto populates it gives error in red as below.

CurrencyExchange entity class which is downloaded, i can see it in maven jars. Attaching screenshot below for reference.

Below is my pom.xml

    <?xml version="1.0" encoding="UTF-8"?>
    <project xmlns="http://maven.apache.org/POM/4.0.0"
         xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
         xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 
                             http://maven.apache.org/xsd/maven-4.0.0.xsd">
    <modelVersion>4.0.0</modelVersion>

    <groupId>org.example</groupId>
    <artifactId>TestIstio</artifactId>
    <version>1.0-SNAPSHOT</version>

    <properties>
        <maven.compiler.source>17</maven.compiler.source>
        <maven.compiler.target>17</maven.compiler.target>
        <java.version>17</java.version>
        <project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
    </properties>

    <dependencies>
        <dependency>
            <groupId>com.intelliswift</groupId>
            <artifactId>currency-exchange-service</artifactId>
            <version>1.0.4</version>
        </dependency>
    </dependencies>

    <repositories>
        <repository>
            <id>nexus-deployment-repo</id>
            <url>http://localhost:8081/repository/currency-exchange-release/</url>
            <snapshots>
                <enabled>true</enabled>
            </snapshots>
            <releases>
                <enabled>false</enabled>
            </releases>
        </repository>
    </repositories>

</project>

Below is my settings.xml

<?xml version="1.0" encoding="UTF-8"?>


<settings xmlns="http://maven.apache.org/SETTINGS/1.2.0"
          xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
          xsi:schemaLocation="http://maven.apache.org/SETTINGS/1.2.0 https://maven.apache.org/xsd/settings-1.2.0.xsd">
  
  <proxies>
   
  </proxies>

  <servers>    
    <server>
      <id>nexus-deployment-repo</id>
      <username>admin</username>
      <password>admin</password>
    </server>
  </servers>


  <mirrors>
   
  </mirrors>

  <profiles>
   
    <profile>
    <id>currency-exchange-release</id>
    <repositories>
    <repository>
        <id>nexus-deployment-repo</id>
        <url>http://localhost:8081/repository/currency-exchange-release/</url>
    </repository>
    </repositories>
    </profile>

  </profiles>

</settings>

I am new to nexus and not able to understand what am i doing wrong here. Can anyone please help in resolving this error. Thank you.