💨 Abstract

On Monday, the Indian rupee strengthened slightly against the U.S. dollar, benefiting from a softer dollar and better-than-expected Chinese economic data. The dollar-rupee pair's implied volatility reached a multi-month high due to uncertainty surrounding Donald Trump's policies, particularly his tariffs on imports. Overseas investors have net sold about $6.5 billion of Indian stocks and bonds in January, impacting the rupee.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖