The Indian Rupee (INR) showed resilience against the US Dollar (USD) on Tuesday, as the USD/INR currency pair dipped to approximately 90.20. This movement comes on the heels of a notable slowdown in foreign institutional investors' (FIIs) selling activity within the Indian stock market, which has contributed to the Rupee's recovery.
The easing of foreign outflows provided a much-needed boost for the INR, helping it regain some ground against the strong USD. As traders monitored the exchange rate closely, the slight stabilization indicates potential shifts in market sentiment, suggesting that the Indian currency may continue to find support if FIIs maintain a more balanced approach to their investments.
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Data Source: FX Killer Analysis Team Updated: 2025-12-09 06:31
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.