https://www.taxtmi.com/news?id=69948 Rupee fell 22 paise to 90.54/USD as markets reacted to the absence of a formal India-US trade agreement; caution persisted because no signed text or final documentation exists. RBI dollar buying late in trading strengthened the dollar, interrupting the rupee's prior rally. Analysts flagged the 89.80-90.00 zone as support and said sustained FII flows and the rupee's direction hinge on confirmation of the deal's final structure and commitments. Reported shifts in energy import sourcing could affect India's energy costs and external balance, influencing currency dynamics. en-us Wed, 04 Feb 2026 10:16:04 +0530 Wed, 04 Feb 2026 10:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69948 Rupee fell 22 paise to 90.54/USD as markets reacted to the absence of a formal India-US trade agreement; caution persisted because no signed text or final documentation exists. RBI dollar buying late in trading strengthened the dollar, interrupting the rupee's prior rally. Analysts flagged the 89.80-90.00 zone as support and said sustained FII flows and the rupee's direction hinge on confirmation of the deal's final structure and commitments. Reported shifts in energy import sourcing could affect India's energy costs and external balance, influencing currency dynamics. News - Wed, 04 Feb 2026 10:16:04 +0530 https://www.taxtmi.com/news?id=69948