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The USD/INR pair's dancing around 88.73. Wild, right? 250 bucks gets you about 22,182.50 rupees. India-US trade drama's stirring things up.
Piyush Goyal's feeling good about the rupee. He's watching closely. Thinks it'll bounce back. Maybe.
India's shaking up their GST. Two slabs now: 5% and 18%. Could be a game-changer for the economy. Might give the rupee a boost.
Foreign investors? They're slowing down on selling Indian stocks. Thursday saw Rs. 106.34 crores sold. Not too shabby compared to the summer bloodbath.
Everyone's eyes are on the US jobs report. It's kind of a big deal for USD/INR. They're thinking 75K new jobs, unemployment at 4.3%. We'll see.
USD/INR's hanging above 88.00. The 20-day EMA's at 87.73, playing defense. Next stop? Maybe 89.00. Who knows?
Forex is a wild ride. Keep your eyes peeled. Global events can flip everything upside down in a heartbeat.