The Indian Rupee (INR) has shown slight gains, trading near 87.55 against the US Dollar (USD) on Thursday. The USD/INR pair has experienced downward pressure due to increasing expectations that the Federal Reserve may resume its monetary expansion cycle during the upcoming September policy meeting. Understanding the wider market context will be critical as geopolitical events like the Trump-Putin meeting may further influence currency movements. Traders should monitor these developments closely to make informed decisions as they navigate volatile forex markets in the coming days.