The US Dollar Indian Rupee (USD/INR) exchange rate is pushing higher for a second straight session. The at 11:50 UTC USD/INR trades +0.6% at 73.90.
The Rupee is under pressure as tensions rise between China and India over the ill-defined border in the western Himalayan region. Shots were fired along the border for the first time in 45 years, after the long-standing protocol not to use firearms was disobeyed.
US Dollar is on the rise as Trump said he wants to separate economically from China or levy massive tariffs, raising fears of a second trade war.