Sentiment Trading

The Indian Rupee has gained strength against the US Dollar due to a combination of factors, including foreign portfolio inflows, hedging-related US Dollar sales, and optimism about a potential trade agreement between the US and India.

The Indian Rupee (INR) gained strength against the US Dollar (USD) due to potential equity inflows and US Dollar sales, but geopolitical risks and upcoming US economic data may impact the USD/INR exchange rate.