New Delhi, Feb. 9 -- India's external position among Asian peers improves following the interim trade framework announced between India and the United States, with exports expected to rebound and dollar inflows likely to strengthen, according to a report by JM Financial.

The report highlighted that the reduction in effective tariffs and the removal of punitive duties should support a rebound in India's trade surplus with the US. This follows the FY26 year-to-date deterioration in trade caused by elevated tariffs. Improved export flows are expected to enhance dollar inflows, support the balance of payments and provide a marginal appreciation bias to the Indian rupee.

It stated, "India's relative external position improves versus several ...