Rupee Gains 21 Paise Against US Dollar on Trade Pact Hopes

• The rupee rose 21 paise to 90.44 against the US dollar in early trade on Monday.
• Positive sentiment followed India and the US reaching a framework for an interim trade agreement.
• The pact involves both countries reducing import duties on various goods to boost two-way trade.
• A retreating dollar index and positive domestic equities further supported the rupee's gain.
• India intends to purchase USD 500 billion of US energy products, aircraft, and technology over five years.