The Indian Rupee started the week on a weak note against the US Dollar (USD). The USD/INR pair surged to approximately 85.80 at open. This spike follows US President Donald Trump’s recent threats on social media regarding potential additional 10% tariffs on nations supporting BRICS’s anti-American policies.

As market sentiment shifts in response to geopolitical events, traders should be mindful of the implications these statements can have on currency markets. Immediate analysis and reaction from market participants are essential as these developments unfold. Navigating these shifting dynamics will require strategic foresight and adaptability.

Overall, the USD/INR movement reflects broader tensions and investor sentiments that traders must consider moving forward.