USDINR Falls to 14-Week Lows as Tariffs Weaken Dollar Confidence
The USDINR currency pair has hit a troubling low not seen since December 2024, driven by eroding confidence in the US dollar. The negative sentiment against the dollar has created expectations for a prolonged decline, raising questions about its future stability. Traders will need to consider geopolitical factors and economic indicators that could further impact USDINR levels. How will this currency pair respond in the coming weeks as tariffs place additional pressure on dollar data? Close monitoring is essential.