US–India trade deal reduces tariffs to 18%
pre-market1 source ↓written by the desknot a recommendation
- Q1 2026
- 93.00 by Q4 2026
A recent trade agreement between the US and India has reduced tariffs from 50% to 18%, potentially strengthening the Indian Rupee (INR) in the short term. MUFG forecasts the USD/INR rate to reach 89.50 in Q1 2026 and 93.00 by Q4 2026, suggesting strategic entry points for investments.
This reduction is expected to lead to a short-term decrease in the USD/INR exchange rate, benefiting traders looking to capitalize on the evolving market dynamics.
Not investment advice. For informational purposes only.