USD/INR strengthens as geopolitical risks, foreign fund outflows drag Indian Rupee lower
globalreutersNovember 20, 20241 Mins read The Indian Rupee (INR) loses traction on Wednesday. The local currency remains under some selling pressure due to the renewed US Dollar (USD) demand from importers and rising geopolitical tensions after Russian officials said that Ukraine used US ATACMS missiles to strike Russian territory for the first time, while Russian President Vladimir Putin approved an updated nuclear doctrine.
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