The Indian Rupee (INR) weakened against the U.S. Dollar (USD) as it fell near 86.00 during Asian trading hours on Friday. The USD/INR pair strengthened following the Reserve Bank of India’s (RBI) unexpected decision to cut its Repo Rate by 50 basis points (bps) to 5.5%. Analysts interpret this move as an attempt to boost economic growth amid challenging conditions. The market is reacting to the implications of lower interest rates, which may affect investment and spending patterns. Traders should stay informed as these developments unfold in the Indian market.