Mumbai, Feb. 26 -- The Indian rupee is expected to trade in the range of Rs 90.40-91.20 per US dollar throughout the next week, supported by sustained equity inflows and improving structural factors, according to a report by Union Bank of India.

The report highlighted that range from a technical standpoint and added that continued equity inflows could further strengthen the domestic currency.

"Sustained equity inflows could strengthen the INR toward Rs 90.10/USD, with Rs 90.40/USD acting as a key interim support. As India-US BTA is finalized; the threshold for the rupee has shifted meaningfully. Likely to face strong resistance near Rs 90.90/USD, a break above this zone could trigger a move toward Rs 91.20/USD," the report stated.

The ...