USD/INR Bounces Back Amid Trade War Concerns
The Indian Rupee (INR) has weakened on Thursday, breaking its five-day winning streak as it faces pressure from a declining Chinese Yuan amid escalating trade war concerns. As trade tensions continue to fluctuate, the INR is experiencing volatility against the US Dollar (USD). Market watchers are keen on how these trade dynamics will affect the currency pair’s future movements. Staying updated on international trade developments is crucial for those involved in forex trading, particularly with respect to the Indian Rupeeโs performance.