Rupee jumps 38 paise to close at 84.58 against USD

Rupee jumps 38 paise to close at 84.58 against USD

MUMBAI [Maha Media]: The rupee surged 38 paise to 84.58 (provisional) against the US dollar on Wednesday as trade-deal hopes and foreign fund inflows boosted investor sentiments.

US President Donald Trump's statement that tariff talks with India are in a positive direction enthused investors, forex dealers said.

However, geopolitical tensions between India and Pakistan and a muted sentiment in domestic equities weighed on investor sentiments.
 

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