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May 7, 2025

USD/INR Gains as US Dollar Strengthens Ahead of Fed Decision

During the Asian trading session, the Indian Rupee (INR) is losing ground against the US Dollar (USD). The USD/INR pair is extending gains for the second consecutive session as the US Dollar appreciates. Market participants are exercising caution as they await the Federal Reserve’s interest rate decision expected later in the North American session. This situation presents both opportunities and risks for traders. Keeping an eye on upcoming news and events will be critical in managing currency strategies effectively.

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