💨 Abstract

The Indian rupee is expected to open lower on Monday due to global trade tension concerns and importer hedging requirements. The U.S. dollar is slightly weak, but the rupee may still depreciate due to risk aversion and a strong demand for safe-haven currencies. tariff policies and India's high tariffs could also impact the rupee's value. Consumer inflation data from the U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖