USD INR Trading Review #1– Rupee looks strong versus the dollar in the interim

Rupee traders have been struggling to make big bucks since the “corona dump”. When the US Fed declared the helicopter money of $1200/unemployed US citizen, rupee went into a rude shock from Rs71.1 to Rs76.9 in just under 3 months. Bears were betting for a higher rupee vs the $ but Shaktikanta Das (Papa Das…