USD/INR struggles to extend the previous rebound past 83.00 amid early Monday’s sluggish markets, close to 83.15 at the latest. In doing so, the India
USD/INR struggles for clear directions after refreshing record top the previous week, pares intraday gains of late.
Traders in the Asia-Pacific zone struggle to cheer the People’s Bank of China’s rate cut, as well as signals for more stimulus, amid economic fears surrounding the regional leader, namely Beijing. Also fears about the trade war with the developed nations add filters to the Asian trading and the USD/INR price.
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