USD vs INR, Jan. 27 -- The Indian rupee recovered marginally on Tuesday, January 27, amid a softer US dollar and improved sentiment following a trade deal between India and the European Union, as announced by PM Narendra Modi.

As of 12:45 p.m. IST, the rupee was up 0.06% at 91.724 per dollar, marking a mild rebound after touching a record low of 91.9650 last week.

Ongoing weakness in foreign capital inflows continued to weigh on the currency, with steady importer hedging amid fears of further depreciation and exporters delaying dollar sales tilted flows against the rupee.

On the day, the rupee drew support from the dollar index, which remained close to a four-month low.

Furthermore, India and the European Union successfully concluded ...