Rupee jumps 38 paise to close at 84.58 against US dollar
Mumbai, Apr 30 (PTI) 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. At the interbank foreign exchange, the domestic unit opened at 85.15 and moved between the intra-day high of 84.47 and the low of 85.15 against the greenback. The unit ended the session at 84.58