The USD/INR currency pair surged on Friday, with the Indian Rupee (INR) trading sharply lower against the US Dollar (USD). The exchange rate climbed to approximately 90.47 as the USD continued its upward trajectory ahead of the eagerly anticipated release of the US Nonfarm Payrolls (NFP) data for December at 13:30 GMT.
This movement reflects growing investor confidence in the strength of the US economy, as traders position themselves ahead of the NFP figures, which are expected to influence future monetary policy. With the USD gaining momentum, market participants will closely monitor the data for signals that could further impact the exchange rate and the broader forex market.
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Data Source: FX Killer Analysis Team Updated: 2026-01-09 11:42
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.