The Indian Rupee (INR) opened lower against the US Dollar (USD) on Friday, with the USD/INR pair rising to approximately 90.25. This uptick comes as traders position themselves ahead of the crucial US Nonfarm Payrolls (NFP) data for December, set to be released at 13:30 GMT.
The strength of the USD reflects market anticipation surrounding the employment figures, which could significantly influence future Federal Reserve policy. As the forex market braces for potential volatility, the exchange rate dynamics between the USD and INR remain closely monitored, highlighting the ongoing interplay of economic indicators and currency valuations.
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Data Source: FX Killer Analysis Team Updated: 2026-01-09 05:49
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.