The Indian rupee declined to a lifetime low on Thursday in the wake of expectations that Donald Trump's victory is likely to boost the dollar in the coming months.
Trump’s policies on trade have tended to strengthen the US dollar in the past. This leads to weakness in the Indian rupee. It also means that capital will flow to areas with a strong currency. This ...
Traders expect the Reserve Bank of India to continue intervening to prevent sharp moves in the rupee, which is evident in the currency's muted implied volatility compared to its regional peers ...