💨 Abstract

The Indian rupee is expected to hover near a record low on Friday due to anticipated interest rate cuts by the Reserve Bank of India to support economic growth. The rupee has declined more than 1% this week, despite the postponement of US tariffs on Canada and Mexico, and China's measured response to US tariffs. The central bank is expected to make its rate decision at 10.00

Courtesy: theprint.in

Summarized by Einstein Beta 🤖