negative
Recently
U.S.-China trade whiplash to test rupee and Indian markets
Rupee under pressure amid U.
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)