💨 Abstract

Following Donald Trump's victory, global currencies are depreciating against the US dollar, particularly impacting emerging markets. India's position is relatively better due to lower dependency on trade with China. However, India is not completely shielded from potential secondary effects if China's economy slows, given growing trade links with Asia. The report anticipates downward pressure on the Indian rupee due to currency movements in the region, led by the Chinese Yuan.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖