USD/INR Opens Lower as Trump Delays Tariff Plans

The USD/INR exchange rate opened lower today, reflecting a cautious market response to President Trump's decision not to impose immediate tariffs following his inauguration. This lack of day-one tariffs has eased pressure on the Indian Rupee, allowing it to stabilize against the US Dollar. Traders are now closely monitoring global economic indicators and potential future trade policies as they navigate this uncertain landscape. The current exchange rate stands at ₹86.41 per USD, indicating a slight dip in the dollar's strength against the rupee. 

Source: Moneycontrol