Today’s trading session sees the Indian Rupee (INR) decline as the USD/INR pair extends its gains, driven by foreign fund outflows.

As analysts predict a continued negative trend for the INR, the combination of weak domestic equities and significant outflows from Foreign Institutional Investors (FII) indicates challenging conditions.

Traders need to consider the implications this has on USD/INR in the following days as ongoing demand for the US Dollar remains strong.

It is clear that external factors are influencing currency performance, making awareness crucial for strategic currency trading.