💨 Abstract
The Indian rupee weakened in the non-deliverable forward market, with the dollar index rising and Asian peers depreciating, due to U.S. election updates favoring Republican candidate Donald Trump. The 1-month USD/INR non-deliverable forward was quoted at 84.28/84.32, potentially causing the rupee to open at 84.18,
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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