emerging markets India

India-US Trade Deal Impact: Rupee Surges 1.2% to 90.40 Against US Dollar After Tariff Cut

Market Performance: Rupee Posts Its Strongest Single-Day Gain in YearsThe India-US trade deal impact was visible immediately in the currency markets.On Tuesday, February 3, the Indian rupee jumped 1.2% to 90.40 against the US dollar, marking its sharpest single-day rise since 2021, as per Bloombe...