March 16, 2026

USD/INR retraces slightly from lifetime highs on hopes of Hormuz reopening

March 16, 2026

USD/INR retraces slightly from lifetime highs on hopes of Hormuz reopening

The Indian Rupee (INR) snaps four-day winning streak against the US Dollar (USD) on Monday. The USD/INR pair trades lower to near 92.70 as the Indian Rupee rebounds amid speculation that the Strait of Hormuz could reopen soon.

The Indian Rupee (INR) snaps four-day winning streak against the US Dollar (USD) on Monday. The USD/INR pair trades lower to near 92.70 as the Indian Rupee rebounds amid speculation that the Strait of Hormuz could reopen soon.

Article written by AdminFF

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