INR BComing Stronger in March – INR/USD (Simple EXPLANATION)
Summary points: Foreign banks are unloading dollars for big clients, spiking rupee demand and pushing it to 85.50 vs. USD, A Level Unseen Since Late 2024. March Madness: Dollar inflows from company borrowings and profits get swapped for rupees, juicing up its value as India’s financeial year wraps. $ 3 Billion Hits Indian Bonds, And … Read more