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fxJun 30, 2026, 12:45 PM

USD/INR Range Trade Persists: Societe Generale

Societe Generale strategists note that USD/INR is trading in a tight range, with robust foreign portfolio inflows into Indian debt and supportive domestic factors offset by a hawkish Federal Reserve.

USDINR

Societe Generale strategists observe that USD/INR continues to trade within a narrow range. The pair is caught between robust foreign portfolio inflows into Indian debt and supportive domestic factors on one side, and a hawkish Federal Reserve stance on the other. These opposing forces are keeping the exchange rate range-bound for now.

Source: FXStreet Forex News