The USD/INR exchange rate surged to record highs as foreign institutional investors (FIIs) continued to reduce their stakes in the Indian stock market. The Indian Rupee (INR) struggled throughout the week, underperforming against all major currencies, and reached a fresh low against the US Dollar (USD) amid a lackluster opening.
As trading progressed, the INR's weakness was evident, with the currency pair experiencing significant volatility. Analysts suggest that the ongoing withdrawal of FIIs could further pressure the INR, impacting investor sentiment and economic stability. With the USD's strength dominating the forex landscape, market participants are closely monitoring the implications for the INR's future trajectory.
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Data Source: FX Killer Analysis Team Updated: 2025-12-01 10:23
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.