US Dollar Steady as Court Blocks Trump’s Tariffs Impact on INR
The Indian Rupee (INR) has maintained a steady position amid recent foreign market movements. This stability comes as US dollar demand remains robust, partly due to a U.S. court blocking President Trump’s tariffs.
Traders note that these legal developments provide ongoing support to the USD, while simultaneously weighing on the INR. As economic conditions continue to evolve, the interplay between demand and legal rulings will be pivotal in determining the direction for USD and INR traders.