The Indian Rupee (INR) strengthened against the US Dollar (USD) after a stable opening on Thursday, with the USD/INR pair falling to approximately 90.50. This movement reflects growing market optimism surrounding potential intervention by the Reserve Bank of India (RBI) aimed at bolstering the rupee’s stability.
As traders monitor the exchange rate closely, expectations of RBI action are influencing market sentiment. The anticipated intervention could help mitigate volatility in the currency pair, providing support for the INR amid ongoing global economic challenges. Market participants are keenly observing these developments, as they could significantly impact trading strategies in the forex market.
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Data Source: FX Killer Analysis Team Updated: 2025-12-18 06:32
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.