USD/INR Surges as India-Pakistan Tensions Escalate: Understanding Market Reactions
The Indian Rupee (INR) slips against the US Dollar (USD), declining for the fourth consecutive session. As this trend develops, the USD/INR pair opened higher, continuing a pattern established over the previous trading day. The rising geopolitical tensions between India and Pakistan trigger risk aversion among traders. Understanding these dynamics will equip investors to navigate currency fluctuations effectively. Staying informed amid geopolitical events will enhance decision-making in trading strategies.