
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.