Cautious currency sentiment keeps rupee under mild pressure ahead of trade clarity

The rupee stayed under mild pressure as traders adopted a cautious stance, awaiting clarity on the India–US trade deal, while muted flows and global cues limited fresh currency positioning.

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Cautious currency sentiment keeps rupee under mild pressure ahead of trade clarity

Cautious currency sentiment keeps rupee under mild pressure ahead of trade clarity
The Indian rupee traded with a negative bias as forex market participants remained cautious, adopting a wait-and-watch approach. Traders said uncertainty around progress on the India–US trade deal has limited fresh positioning. Muted capital flows, along with global risk sentiment and dollar movement, kept the currency range-bound, with investors awaiting concrete policy or trade-related cues before taking directional bets.
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  • rupee
  • forex