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April 9, 2025

USD/INR Remains Steady Amid Fed’s Rate Decision Uncertainty

The Indian Rupee (INR) remains flat in Wednesday’s trading session after experiencing its largest single-day loss in roughly three months during the previous session. Despite the recent fluctuation, the currency stays under significant pressure. Economic concerns due to a looming global trade war are fostering fears of a potential economic downturn. Traders watch for the Reserve Bank of India’s upcoming rate decision, which could provide crucial insights on the future trajectory of the Indian economy and INRโ€™s market performance. Global economic developments may greatly influence this pair, making it essential for investors to remain informed.

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