The Indian Rupee (INR) is experiencing significant selling pressure against the US Dollar (USD), with the USD/INR currency pair reaching a record high of approximately 90.80 during afternoon trading in India. This surge comes amid growing concerns regarding the ongoing trade negotiations between the United States and India, which have created uncertainty in the market.
Traders are closely monitoring the developments in the US-India trade talks, as any setbacks could further weaken the INR. This latest movement in the exchange rate reflects a broader sentiment of caution among investors, potentially impacting future trading strategies and economic forecasts for the region. As the situation evolves, the currency pair's performance will likely remain a focal point for forex market participants.
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Data Source: FX Killer Analysis Team Updated: 2025-12-11 09:47
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.