Rupee jumps 122 paise to close at 90.27 against the dollar on India-U.S. trade deal

The Indian rupee emerged as the best-performing Asian currency on Tuesday (February 3, 2026), registering a gain of 122 paise or 1.33% in a single trading session to settle at 90.27 (provisional) against the U.S. dollar, after India and the U.S. agreed to a trade deal. Forex traders said the Indian rupee rose to the highest levels in two and a half weeks and rallied by around 1.5% on the trade deal between India and the U.S. Domestic indices also surged by around 2.75%, boosting domestic market sentiments. Further, weakness in crude oil prices and expected foreign inflows also favoured…