The USD/INR currency pair has surged to a new all-time high amid persistent foreign outflows from India, reflecting growing concerns over the economic landscape. The Indian Rupee (INR) opened the week on a flat note but quickly weakened, hitting fresh lows against the US Dollar (USD). As the exchange rate fluctuates, traders are closely monitoring the impact of these outflows on market sentiment.
The continuous selling pressure on the INR has raised alarms about the currency's stability. With the USD gaining strength, analysts suggest that the trend may persist if foreign investors remain hesitant to commit to Indian assets. This shift in the forex market underscores the implications of global economic dynamics, particularly as the USD strengthens against other major currencies like the EUR, further complicating India's recovery efforts.
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Data Source: FX Killer Analysis Team Updated: 2025-12-01 07:22
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.