The Indian rupee declined 6 paise to close at a fresh lifetime low of 84.37 (provisional) against the US dollar on Thursday, as weak domestic equities and sustained foreign fund outflows dented market ...
Foreign institutional investors (FIIs) repatriated nearly $10 billion worth of investments from the Indian stock market in October alone. A weaker rupee The Indian currency became one of the first ...
The Indian rupee fell to its weakest level on record on Thursday, hurt by outflows from local equities and on expectations ...
Donald Trump secured a decisive victory in the 2024 US presidential election, garnering 295 Electoral College votes. His Democratic opponent, Kamala Harris, trailed behind with 226 votes.
The period of low volatility that the Indian rupee has enjoyed may not last now that Donald Trump is poised to become U.S. president once again, bankers and advisors cautioned, urging companies to ...
However, a number of currencies including the Indian rupee, Singapore’s dollar, Thailand’s baht, and Mexico’s peso slumped in the aftermath of Trump’s win. But why is this the case? A trader reacts at ...
2) Rupee’s record low The Indian rupee hit an all-time low amid expectations that Trump’s policies might further strengthen the U.S. dollar. A robust dollar often prompts capital outflows from ...
The second term for Donald Trump as US President will have favourable outcomes for US equities, while offering a mixed but generally positive outlook for India’s economy, according to a report by ...
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 ...
Analysts also expect the Indian currency to weaken as the dollar becomes stronger. “The rupee to depreciate further towards a ...