The rupee gained 7 paise to trade at 90.40 against the US dollar in early trade on Thursday, moving in a narrow range as investors awaited confirmation of the India-US trade agreement and cues from the RBI’s interest rate decision. Corporate dollar demand limited gains, while softer crude prices provided some support

The rupee appreciated sharply by 119 paise to 90.30 against the US dollar in early trade on Tuesday after the United States slashed tariffs on Indian goods from 50 per cent to 18 per cent under the India-US trade deal. Forex traders said the reduced tariff has improved India’s relative trade position and could revive Foreign Institutional Investor