💨 Abstract

The Indian rupee is expected to weaken further on Friday, approaching a record low, due to U.S. President Trump's tariff threats. Traders are also monitoring the upcoming federal budget presentation over the weekend. The rupee's range is dependent on Trump's tariff plans, and the Indian budget is unlikely to disrupt this view. Asian currencies are down, with the offshore Chinese yuan at 7.29 to the U.S

Courtesy: theprint.in

Summarized by Einstein Beta 🤖