USD/INR Hits Weekly Low Amid US-China Trade Talks
The Indian Rupee (INR) has hit a fresh weekly low at approximately 85.47 against the US Dollar (USD) during the opening session today. The US Dollar has remained stable following positive signals from the White House regarding the meetings between trade negotiators from the US and China. This news adds a significant layer of complexity to the forex market. As these negotiations evolve, traders are encouraged to stay alert to potential shifts that may arise. Understanding the implications of international trade relations is crucial for effective currency trading.