USD/INR Strengthens as Foreign Inflows Increase
On Monday, the Indian Rupee (INR) displayed resilience as it strengthened against the US Dollar (USD). Renewed foreign inflows have provided a solid boost to the local currency, reflecting positive market sentiment.
This trend is driven by a combination of factors, including improved economic indicators from India and a weaker USD, which has seen less demand amid mounting concerns over US economic policies and tariffs.