U.S.-China trade whiplash to test rupee and Indian markets
Rupee under pressure amid U.S.-China tensions and global FX volatility.
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3h agoU.S.-China trade whiplash to test rupee and Indian markets
India’s rupee was expected to open around 88.66–88.68 per dollar Monday as U.S.–China trade frictions soared. The dollar’s rebound, combined with renewed tariff risks, is adding pressure to emerging currencies. India’s stock markets are likely to feel the ripple, especially as local equities already opened lower. Analysts highlight that RBI may intervene if rupee crosses key resistance zones. (Reuters)
negative
3h agoU.S.-China trade whiplash to test rupee and Indian markets
India’s rupee was expected to open around 88.66–88.68 per dollar Monday as U.S.–China trade frictions soared. The dollar’s rebound, combined with renewed tariff risks, is adding pressure to emerging currencies. India’s stock markets are likely to feel the ripple, especially as local equities already opened lower. Analysts highlight that RBI may intervene if rupee crosses key resistance zones. (Reuters)
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U.S.-China trade whiplash to test rupee and Indian markets
about 3 hours ago
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Rupee under pressure amid U.S.-China tensions and global FX volatility.
India’s rupee was expected to open around 88.66–88.68 per dollar Monday as U.S.–China trade frictions soared. The dollar’s rebound, combined with renewed tariff risks, is adding pressure to emerging currencies. India’s stock markets are likely to feel the ripple, especially as local equities already opened lower. Analysts highlight that RBI may intervene if rupee crosses key resistance zones. (Reuters)
India’s rupee was expected to open around 88.66–88.68 per dollar Monday as U.S.–China trade frictions soared. The dollar’s rebound, combined with renewed tariff risks, is adding pressure to emerging currencies. India’s stock markets are likely to feel the ripple, especially as local equities already opened lower. Analysts highlight that RBI may intervene if rupee crosses key resistance zones. (Reuters)
Tags:
INR
foreign exchange
INR
foreign exchange
trade war
emerging markets
India
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