Back To Top

March 28, 2025

USD/INR Strengthens As Dollar Demand Grows

The Indian Rupee (INR) faced pressure as the US Dollar (USD) strengthened on Friday, driven by heightened month-end demand from importers. Following US President Donald Trump’s announcement of a 25% tariff on automotive imports, set to take effect soon, the USD has gained traction. Investors are keeping a keen eye on the upcoming US PCE inflation data, which could significantly influence market dynamics. The current market environment suggests that the INR might encounter further challenges unless economic conditions shift markedly. Traders are advised to stay prudent and prepared for any sudden changes that may arise from the data release.

Prev Post

GameStop Stock Takes a Nosedive: Hereโ€™s What Happened

Next Post

Bitcoin Price Analysis: Potential Recovery to 123000 by June 2025

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment