Indian rupee holds steady as importer demand offsets early gains following US tariff ruling
The Indian rupee maintained a narrow range on Monday as importer hedging countered an initial rally. Market uncertainty persists following new US tariff updates.
The U.S. 
US Supreme Court has struck down President Donald Trump's emergency tariffs, a move that triggered an initial rally in the Indian 
IN rupee as markets opened on Monday. The ruling occurred ahead of the trading day and produced an immediate market reaction, with Asian currencies and equities beginning the week positive. However, the early gains for the Indian currency soon gave way to a rangebound trading pattern as various domestic and global factors limited further moves.
US Supreme Court has struck down President Donald Trump's emergency tariffs, a move that triggered an initial rally in the Indian IN rupee as markets opened on Monday. The ruling occurred ahead of the trading day and produced an immediate market reaction, with Asian currencies and equities beginning the week positive. However, the early gains for the Indian currency soon gave way to a rangebound trading pattern as various domestic and global factors limited further moves.
