💨 Abstract
The Indian rupee recovered 4 paise from its all-time low against the US dollar on Tuesday, as the US dollar index retreated following President Donald Trump's decision to pause tariffs on Mexico and Canada. The rupee is expected to trade with a negative bias due to uncertainty over US trade tariffs, but any central bank intervention may support it. Investors are cautious ahead of the Reserve Bank of India's monetary policy meeting this week.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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