Rupee falls 11 paise to close at 90.43 against U.S. dollar
The Hindu
The rupee fell 11 paise to 90.43 against the dollar amid cautious sentiment following the India-U.S. trade deal announcement.
The rupee depreciated 11 paise to 90.43 (provisional) against the U.S. dollar on Wednesday (February 4, 2026), after a sharp rally in the previous trading session following India-U.S. trade deal announcement, on suspected dollar buying by corporates and importers.
Forex traders said despite the positive sentiment after the India-U.S. trade deal, caution still remains as there is no signed or officially released trade agreement yet — no framework text or final documentation.
At the interbank foreign exchange, the rupee opened at 90.35 and touched an early high of 90.26 and a low of 90.54 against the greenback.
The domestic unit finally settled at 90.43 (provisional), down by 11 paise from its previous close.
On Tuesday (February 3, 2026), the Indian rupee emerged as the best-performing Asian currency, registering a record gain of 117 paise or 1.28% in a single trading session to settle at 90.32 against the U.S. dollar, after India and the U.S. agreed to a trade deal.
The rupee dipped on Wednesday (February 4, 2026), after a sharp rally in the previous session, as investors looked for more clarity on the terms of the India-U.S. trade deal.
Stock markets recover as Sensex and Nifty bounce back following a three-day slump, driven by value-buying in blue-chip stocks.
U.S. President Donald Trump’s administration is set to receive a roughly $10 billion fee from investors in the recently completed deal to take control of TikTok’s U.S. business, the Wall Street Journal reported
Meta is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters
Learn how to choose the best personal loan lender by evaluating eligibility, interest rates, and borrowing experience.
Discover why pension planning is essential in modern India to ensure financial security and peace during retirement.
The U.S. has launched two investigations under Section 301 of the Trade Act of 1974 against India and other economies to examine practices that may be ‘unreasonable or discriminatory and burden or restrict U.S. commerce’. One probe examines whether countries, including India, are using excess manufacturing capacity to export to the U.S. in a manner that hurts American businesses, while another looks at whether countries have taken ‘sufficient steps’ to prohibit imports of goods produced with forced labour.
NHAI raises annual pass fee to ₹3,075 from April 1, 2026, streamlining toll payments for FASTag users.
The U.S. probes forced labour in global supply chains, scrutinizing China and India's exports, warns the Global Trade Research Initiative.
The Hindu collection of images of the LPG crisis: War lights a kitchen fire
The company, which launched its IPO in 2020, is now listed on the National Stock Exchange as well as the Bombay Stock Exchange.
Explore the Essential Commodities Act's role in addressing India's gas crisis and its impact on various sectors.
Star Health Insurance plans to boost AI-driven claim settlements from 20% to 50% within two years, investing heavily in technology.
The iron ore production has increased by nearly two-thirds since 2015