USDINR Inches Up As Market Weighs Middle East Ceasefire Amid Fed and RBI Actions

  • The USDINR currency pair trades flat in the Asian session, going at 85.92 at the time of writing as the dollar mounted a fightback after three sessions on the decline. The Israel-Iran ceasefire seems to be holding 24 hours after it was announced, diluting the US dollar's safe haven strength.