Rupee rises 14 paise to close at 90.33 against U.S. dollar
The Hindu
Rupee appreciates 14 paise to 90.33 against the dollar amid trade deal optimism and weak domestic equity trends.
The rupee appreciated 14 paise to close at 90.33 (provisional) against the U.S. dollar on Thursday (February 5, 2026), on trade deal optimism and overnight decline in commodity prices, even as the upside remained capped as investors look for more clarity on the India-U.S. trade deal.
Forex traders said significant corporate dollar demand and a weak trend in domestic equities restricted the upside for the local unit.
Notwithstanding the trade-deal optimism, forex traders said market participants are now shifting focus from celebration to verification as no official documents have been released, and neither side has formally published the final terms.
Moreover, investors are awaiting cues from Friday's RBI interest rate announcement.
At the interbank foreign exchange, the rupee opened at 90.52 and touched an early high of 90.06 and a low of 90.53 against the greenback.
The domestic unit finally settled at 90.33 (provisional), higher by 14 paise from its previous close.
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