MUMBAI, Feb 9 (Reuters) - The Indian rupee was marginally stronger on Monday, helped by modest interbank dollar sales in thin trade following a technical outage on the London Stock Exchange Group's (LSEG) foreign exchange trading platform.

The rupee rose 0.1% to 90.5425 as of 10:30 a.m. IST, up from its close at 90.6550 on Friday.

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Technical issues with financial technology and data provider LSEG's foreign exchange trading platform dampened volumes in early trading, according to traders.

Traders at some banks faced issues executing orders on the interbank order matching system, while others were able to use it. LSEG did not immediately respond to a Reuters email seeking comment.

Meanwhile, traders also parsed the details of an interim trade framework between India and the U.S.

Washington cut tariffs on Indian exports to 18%, and the framework reaffirms a commitment to negotiations toward a broader bilateral trade agreement. Separately, U.S. President Donald Trump, in an executive order, removed the additional 25% tariff imposed on Indian goods for Russian oil purchases.

U.S. officials will monitor and recommend reinstating the tariff if India resumes oil procurement from Russia, the order said.

"The conclusion of some free trade agreements (FTAs) could support the INR by helping a resumption of capital flows and the currency’s undervaluation relative to peers," Michelle Castelino, investment strategist at Standard Chartered, said in a note.

"We expect foreign investors to return to Indian equities following recent trade deals with the U.S. and Europe, drawn by India’s double-digit earnings growth and more attractive valuations."

Foreign portfolio investors bought Indian shares worth nearly $1 billion on a net basis in the last four sessions, after the India-U.S. trade deal was announced. India's benchmark equity indexes, the BSE Sensex (.BSESN) , opens new tab and Nifty 50 (.NSEI) , opens new tab were up about 0.6% each on the day.

https://www.reuters.com/world/india/rupee-nudge-higher-traders-parse-us-india-interim-trade-framework-2026-02-09/