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January 8, 2025

USD INR Flattens Ahead of FOMC Minutes

USD INR remains flat ahead of the anticipated FOMC minutes. The market appears to be in a wait and see mode, with investors holding back from making significant moves until the FOMC minutes are released. This cautious approach reflects the overall uncertainty in the market. Traders and investors are closely monitoring these developments, as they can have substantial implications on currency movement and economic forecasts. Keeping an eye on the directions ahead is essential for strategic planning.

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