Rupee jumps 119 paise to 90.30 against the US dollar on India-US trade deal https://www.taxtmi.com/news?id=69765 Following a bilateral trade accord, trade tariffs reduced to 18 per cent from 50 per cent, prompting a 119-paise appreciation of the rupee to 90.30 per US dollar, stronger equity indices, and commentary that the tariff cut reopens prospects for Foreign Institutional Investor participation, with potential central bank intervention to address short-dollar positions. en-us Tue, 03 Feb 2026 10:01:04 +0530 Tue, 03 Feb 2026 10:01:04 +0530 TaxTMI RSS Generator Rupee jumps 119 paise to 90.30 against the US dollar on India-US trade deal https://www.taxtmi.com/news?id=69765 Following a bilateral trade accord, trade tariffs reduced to 18 per cent from 50 per cent, prompting a 119-paise appreciation of the rupee to 90.30 per US dollar, stronger equity indices, and commentary that the tariff cut reopens prospects for Foreign Institutional Investor participation, with potential central bank intervention to address short-dollar positions. News - Tue, 03 Feb 2026 10:01:04 +0530 https://www.taxtmi.com/news?id=69765