https://www.taxtmi.com/news?id=70202 The rupee rose to 90.34 against the US dollar on optimism about an India-US trade deal and lower commodity prices, though gains were capped by corporate dollar demand and weak equities. Analysts projected USD INR trading ranges near 90.00-90.50 and 90.05-90.88. The RBI's Monetary Policy Committee met to set bi monthly rates, with the bank having cut the repo by 125 basis points since last February and facing a choice between status quo and a further cut; dollar strength, crude prices and FIIs' selling were noted as sources of pressure. en-us Thu, 05 Feb 2026 20:31:05 +0530 Thu, 05 Feb 2026 20:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=70202 The rupee rose to 90.34 against the US dollar on optimism about an India-US trade deal and lower commodity prices, though gains were capped by corporate dollar demand and weak equities. Analysts projected USD INR trading ranges near 90.00-90.50 and 90.05-90.88. The RBI's Monetary Policy Committee met to set bi monthly rates, with the bank having cut the repo by 125 basis points since last February and facing a choice between status quo and a further cut; dollar strength, crude prices and FIIs' selling were noted as sources of pressure. News - Thu, 05 Feb 2026 20:31:05 +0530 https://www.taxtmi.com/news?id=70202