💨 Abstract

The Indian rupee may experience increased volatility due to Donald Trump's re-election as U.S. president, according to bankers and advisors. This is due to investors dumping Asian currencies and the dollar rallying against major peers on expectations of lower corporate tax and deregulation in the U.S. Additionally, Asian currencies face the possibility of Trump raising tariffs, especially on China.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖