The Indian Rupee (INR) has managed to maintain its gains against the US Dollar (USD) as the week begins, with the USD/INR pair trading close to the 90.00 mark. This movement comes in the wake of the Reserve Bank of India’s (RBI) active intervention in both the spot and non-deliverable forward (NDF) markets, which has bolstered the currency amidst ongoing market fluctuations.
The RBI's strategic actions are aimed at stabilizing the exchange rate and countering volatility in the forex market. As the USD/INR pair continues to exhibit these lower levels, traders are closely monitoring the RBI's next steps, which could further influence the currency's trajectory in the coming sessions. This scenario underscores the significant role of central bank policies in shaping forex trading dynamics.
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Data Source: FX Killer Analysis Team Updated: 2025-12-22 08:55
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.