The Indian Rupee weakened against the US Dollar for the third consecutive trading day on Thursday, with the USD/INR exchange rate reaching a 10-day high of 95.31, according to FX Street.
This marks a continued depreciation trend for the Indian currency, reflecting sustained pressure in the forex market. The three-day losing streak highlights ongoing challenges for the Rupee amid global currency fluctuations.
For Japanese investors, the Rupee’s decline may impact cross-border trade and investment flows, especially as the yen faces its own volatility in an increasingly uncertain FX environment.