The Indian Rupee remains under pressure at 95.80 against the USD amid elevated oil prices and uncertainty over U.S.-China trade discussions.
The Indian Rupee (INR) traded cautiously near 95.80 against the US Dollar (USD) on Thursday, close to its all-time high of 95.88 reached the previous day. The pair’s strength follows a week of losses, driven by elevated oil prices and geopolitical uncertainty ahead of the Trump-Xi meeting in Beijing.