USD/INR trades with caution as RBI’s intervention supports Indian Rupee

USD/INR trades with caution as RBI’s intervention supports Indian Rupee

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The Indian Rupee (INR) holds onto last week’s gains against the US Dollar (USD) at the start of the week. The USD/INR pair clings to losses near 90.00, driven by the Reserve Bank of India’s (RBI) intervention in the spot and non-deliverable forward (NDF) market to support the Indian Rupee…
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