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The Indian Rupee continued its upward trend on January 23, 2026, reaching 91.41 against the US dollar in early trading. This positive movement follows a shift in stance by former US President Donald Trump regarding potential tariff threats against Europe, alleviating concerns about a renewed trade war.
Rupee’s Recent Performance and Influencing Factors
The Rupee opened at 91.45 at the interbank market before strengthening to 91.41,building on a rebound from record lows seen the previous day when it gained 7 paise to close at 91.