💨 Abstract

The Indian rupee closed at 86.61 against the U.S. dollar on Friday, losing 0.75% for the week, its steepest weekly fall since July 2023. Trump's inauguration on Monday could impact the rupee and Asian peers, with traders focusing on trade tariff measures and the Chinese yuan. The Reserve Bank of India's response to pressure and foreign portfolio outflows will be key factors.

Courtesy: theprint.in