💨 Abstract

The Indian rupee is expected to decline on Monday due to a dip in the Chinese yuan and continuing concerns over U.S. President Trump's trade policies. Last week, the rupee rallied due to relief that Trump did not impose immediate tariffs upon taking office. However, Trump's threats of tariffs on China, EU, Mexico, and Canada persist, causing uncertainty in Asian currencies.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖