The Indian Rupee (INR) experienced a significant decline against the US Dollar (USD) on Friday, with the USD/INR currency pair soaring to a record high of 90.86. This movement reflects ongoing concerns in the market, primarily attributed to the lack of a substantial trade deal between the United States and India, which has left investors wary.
The exchange rate's surge to this all-time high highlights the increasing pressure on the INR, raising questions about its future stability. Traders are closely monitoring developments in US-India relations, as any progress towards a trade agreement could influence the currency's trajectory. As it stands, the INR's weakness against the USD underscores broader economic uncertainties, impacting market sentiment moving forward.
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Data Source: FX Killer Analysis Team Updated: 2025-12-12 07:43
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.