Rupee Recovers 15 Paise Against Dollar Amid Trump's Tariff Reversal

• The Indian rupee gained 15 paise to trade at 91.50 against the US dollar, rebounding from its all-time low.
• The recovery was driven by improved risk appetite after Donald Trump announced he would not apply tariffs on Europe for the Greenland acquisition.
• Positive trends in domestic equities, with Sensex and Nifty advancing, also supported the rupee's rebound.
• Despite the recovery, forex traders warn the rupee remains vulnerable due to global geopolitical uncertainties and pending US trade agreement.
• Foreign institutional investors offloaded equities worth ₹1,787.66 crore on Wednesday, indicating continued caution.

Why It Matters: Rupee recovers 15 paise against dollar due to Trump's tariff reversal and positive domestic equities.