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Can India US trade deal halt the rupee slide as markets watch foreign inflows
Economy
Published on 24 April 2026
Rupee gained fast, but the real driver is outside inflows
The rupee has bounced about 1.75% versus the dollar in the 10 days after the US trade deal news, offering brief relief to currency watchers. Still, economists caution that the medium to long-term trend will depend less on trade headlines and more on foreign fund flows into Indian markets, which can quickly outweigh trade optimism.
- Rupee rose roughly 1.75% after US trade deal announcement
- Near-term gains may not signal a lasting reversal
- Foreign fund flows are expected to dominate the currency’s direction
- Trade deal impact will likely be secondary in the medium term
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times