💨 Abstract

The Indian rupee is expected to remain under pressure due to concerns over US President-elect Donald Trump's trade policies and continuous demand for the dollar in the non-deliverable forward market. The rupee has slipped for nine consecutive weeks, nearing its all-time low. The rupee might fall to the 86 level, but this depends on the Reserve Bank of India's intervention.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖