What explains this anomaly in the Nifty and USD/INR price movements? - Moneycontrol

The two are supposed to move in opposition to each other but they are strangely moving in sync.

Observed behaviour has been that whenever markets go up, so does the rupee. Meaning when the Nifty goes up, the value of the rupee also goes up. This is what usually happens. But, charts are showing … [+4366 chars]

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