The Indian Rupee (INR) continued its downward trajectory against the US Dollar (USD) on Friday, as the USD/INR currency pair surged to an unprecedented high of 90.86. This decline reflects ongoing uncertainty surrounding U.S.-India trade negotiations, which have left traders cautious heading into the release of India's key inflation data.
As the market anticipates inflation figures, the exchange rate dynamics suggest increased volatility for the INR. The sustained rise of the USD against major currencies emphasizes the strength of the greenback, leaving traders to speculate on potential interventions or adjustments in monetary policy to stabilize the INR in the coming sessions.
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Data Source: FX Killer Analysis Team Updated: 2025-12-12 09:47
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.