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May 6, 2025

USD/INR Sees Modest Rise Amid Cautious Market Sentiment Ahead of Fed Meeting

The Indian Rupee (INR) has dipped slightly against the US Dollar (USD) during the Asian hours on Tuesday. This movement comes as traders maintain caution ahead of the Federal Reserve’s policy announcement. The USD/INR pair may continue to face resistance, although the Indian Rupee is finding support from various market factors. Traders should closely monitor upcoming economic indicators that could influence this dynamic, especially in light of the Fed’s upcoming decisions.

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