💨 Abstract

The Indian rupee is expected to open higher on Tuesday due to fluctuations in the U.S. dollar, influenced by Trump's tariff plans. The rupee's opening rate is estimated at 86.36-86.38 to the dollar, based on the 1-month non-deliverable forward. Trump's administration will issue a trade memo but not immediately impose new tariffs.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖