Why Is the Rupee Stuck in a Narrow Range, and What Could Break USD/INR?
The Indian rupee has spent months inside a tight corridor despite shifts in oil prices, capital flows, and U.S. rate expectations. Since late May, USD/INR has traded between roughly ₹94.2 and ₹96.9, as competing pressures offset each other. Source: TradingView That stability does not mean pressure has disappeared. External dollar demand, investment swings, and higher […]
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