The Indian Rupee (INR) weakened against the US Dollar (USD) on Monday, sliding to a new nearly two-week low in response to fresh tariff threats from former President Donald Trump. As concerns over geopolitical tensions mount, the USD/INR exchange rate reflects a broader risk-off sentiment in the forex market, with traders closely monitoring developments that could impact global trade dynamics.
This decline in the INR highlights the ongoing volatility in currency markets, as the USD maintains its strength amid uncertainty. Analysts suggest that if geopolitical risks continue to escalate, the INR may face further pressure, prompting traders to adjust their positions in the USD/INR currency pair. With the exchange rate now fluctuating near key technical levels, the focus remains on how these developments will shape future trading strategies.
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Data Source: FX Killer Analysis Team Updated: 2026-01-05 10:51
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.