💨 Abstract

The Indian rupee is expected to hit an all-time low against the dollar on Monday, following a drop in Asian currencies and increased risk aversion due to trade war concerns between the U.S. and its partners. The Korean won, Malaysian ringgit, Indonesian rupiah, Thai baht, and offshore Chinese yuan also weakened. The trade tension, triggered by tariffs imposed by U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖