USD/INR Strengthens Amid Global Trade Tensions: What You Need to Know
The Indian Rupee (INR) opened lower against the U.S. Dollar (USD), pushing the USD/INR pair higher to nearly 86.15 at the week’s start. This movement reflects the market’s reaction to heightened global trade tensions, especially after U.S. President Donald Trump announced increased import duties on various trading partners. As a result, the U.S. Dollar strengthens amid rising demand for safe-haven assets. Traders should stay informed on emerging trends as the market reacts to these ongoing tensions, influencing currency pairing dynamics.