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December 3, 2024

USD/INR Remains Strong Amid US Dollar Influence

The USD/INR pair shows robust resilience today as the Indian Rupee faces pressure from economic factors, including disappointing macroeconomic indicators and continuing foreign fund outflows. The Indian Rupee has recently depreciated, highlighting the impact of global dollar demand. Traders and investors need to be aware of upcoming market developments that could shift the balance, providing insight into strategic trading opportunities with the USD/INR.

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