💨 Abstract

The Indian rupee is expected to open lower on Friday due to increased risk aversion stemming from U.S. tariff uncertainty and the currency's failure to surpass a key level. Asian shares and U.S. equities have also seen a decline due to Trump's tariff announcements, leading to market uncertainty. A poor U.S. jobs report is anticipated, which could lead to a significant reaction in U.S. Treasury and swaps markets.

Courtesy: theprint.in

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