Indian Rupee edges up as Trump hints US-India trade talks are still on
The post Indian Rupee edges up as Trump hints US-India trade talks are still on appeared on BitcoinEthereumNews.com. The Indian Rupee edges higher against the US Dollar as US President Trump signals optimism on the US-India trade agreement. FIIs turned out to be net buyers on September 9 in the cash segment of the Indian equity market. Investors await key US PPI and CPI data for August. The Indian Rupee (INR) moves higher against the US Dollar (USD) on Wednesday. The USD/INR pair corrects to near 88.25 as the Indian Rupee gains on hopes that the United States (US) and India will resolve their trade tensions and reach a trade pact soon. The optimism over the US-India trade agreement has stemmed from positive comments by President Donald Trump on Truth.Social, stating that both nations are continuously working on addressing trade barriers, and he will meet Indian Prime Minister Narendra Modi soon. “I am pleased to announce that India and the US are continuing negotiations to address the Trade Barriers between our two Nations. I look forward to speaking with my very good friend, Prime Minister Modi, in the upcoming weeks. I feel certain that there will be no difficulty in coming to a successful conclusion for both of our Great Countries!” Trump wrote on Truth.Social. In response, India’s PM Modi has also welcomed Trump’s positive commentary on US-India trade in a post on Twitter, which is now X. “India and the US are close friends and natural partners. I am confident that our trade negotiations will pave the way for unlocking the limitless potential of the India-US partnership. Our teams are working to conclude these discussions at the earliest. I am also looking forward to speaking with President Trump. We will work together to secure a brighter, more prosperous future for both our people,” Modi wrote. Trade relations between the US and India were going through a rough…
The post Indian Rupee edges up as Trump hints US-India trade talks are still on appeared on BitcoinEthereumNews.com.
The Indian Rupee edges higher against the US Dollar as US President Trump signals optimism on the US-India trade agreement. FIIs turned out to be net buyers on September 9 in the cash segment of the Indian equity market. Investors await key US PPI and CPI data for August. The Indian Rupee (INR) moves higher against the US Dollar (USD) on Wednesday. The USD/INR pair corrects to near 88.25 as the Indian Rupee gains on hopes that the United States (US) and India will resolve their trade tensions and reach a trade pact soon. The optimism over the US-India trade agreement has stemmed from positive comments by President Donald Trump on Truth.Social, stating that both nations are continuously working on addressing trade barriers, and he will meet Indian Prime Minister Narendra Modi soon. “I am pleased to announce that India and the US are continuing negotiations to address the Trade Barriers between our two Nations. I look forward to speaking with my very good friend, Prime Minister Modi, in the upcoming weeks. I feel certain that there will be no difficulty in coming to a successful conclusion for both of our Great Countries!” Trump wrote on Truth.Social. In response, India’s PM Modi has also welcomed Trump’s positive commentary on US-India trade in a post on Twitter, which is now X. “India and the US are close friends and natural partners. I am confident that our trade negotiations will pave the way for unlocking the limitless potential of the India-US partnership. Our teams are working to conclude these discussions at the earliest. I am also looking forward to speaking with President Trump. We will work together to secure a brighter, more prosperous future for both our people,” Modi wrote. Trade relations between the US and India were going through a rough…
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