Rupee retreats to 90.44 after deal-fuelled surge
MUMBAI: The rupee slipped 17 paise to close at 90.44 against the dollar on Wednesday, retreating after a sharp 124-paise surge in the previous session that followed news of a trade deal being finalised between India and US.Dealers said the rally lost momentum as the market failed to see follow-through demand, particularly from foreign institutional…