What is USD INR Trading & How it Works
What is USD INR Trading USD/INR trading refers to the buying and selling of the United States Dollar (USD) against the Indian Rupee (INR) in the foreign exchange market. The USD/INR pair is one of the most actively traded currency pairs in the world, as it represents the two largest economies in the world: the United States and India. The foreign exchange market, also known as the forex market or FX market , is a decentralized market where the buying and selling of currencies takes place. The forex market is the largest financial market in the world, with an average daily trading volume of over $5 trillion. This high level of liquidity makes it easy for traders to enter and exit the market at any time, and the market is open 24 hours a day, five days a week. Traders who are interested in USD/INR trading have several options for participating in the market. One popular option is to trade the currency pair through a forex broker, who acts as an intermediary between the trader and ...