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USD/INR: Interim trade deal caps near-term INR gains – MUFG

https://www.fxstreet.com/news/usd-inr-interim-trade-deal-caps-near-term-inr-gains-mufg-202602132342
MUFG’s Michael Wan views the detailed US–India interim trade deal, including tariff cuts and exemptions, as positive for India’s external position. He sees scope for USD/INR to briefly break below 90 in coming months, but expects only a shallow INR recovery…

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