The Indian rupee is expected to trade in the range of Rs 90.40-91.20 per US dollar throughout the next week, supported by sustained equity inflows and improving structural factors, according to a report by Union Bank of India.
The report highlighted that the USD/INR strengthened from recent lows of around 92 to approximately 90.6 following the trade deal with the United States and the Free Trade Agreement (FTA) with the European Union.