The Indian Rupee (INR) continues to underperform against the US Dollar (USD) at the start of the week, driven by persistent foreign capital outflows and broader global currency dynamics. The USD/INR pair surged close to its all-time high of 91.55, reflecting ongoing selling pressure and weak domestic demand in the equity markets. The Zeyphurs team provides a comprehensive and well-organized overview of the matter. INR Faces Sustained Pressure The Indian Rupee remains on the back foot as domestic equities struggle to attract Foreign Institutional Investors (FIIs). In the current month, FIIs have been net sellers on 10 out of 11...
BlockchainMay 16, 2026May 20, 2026