2025-12-17 04:19:00
USD/INR has plunged, with the rupee up around 1% after the central bank of India intervened by selling USD/INR into the forex marekt.
more to come
I’ve been posting in recent days on the Indian rupee trading at fresh record lows, as a deteriorating global risk backdrop compounds persistent flow imbalances that continue to weigh heavily on the currency.
This article was written by Eamonn Sheridan at investinglive.com.
