Trump Tantrum: Impact of new US presidency on Indian Rupee likely to be short-lived, says SBI Report
18 hours, 32 minutes ago

Trump Tantrum: Impact of new US presidency on Indian Rupee likely to be short-lived, says SBI Report

Live Mint  

The “Trump Tantrum”, referring to the impact of Donald Trump's presidency on the Indian rupee, is likely to be a short-term phenomenon, says a report by State Bank of India. ‘Empirical Data Suggests Short-Term Impact’ It said “Empirical evidence suggest that Trump Tantrum for INR will be a short-term phenomenon, and rupee should adjust post the initial shock of early days of Presidency”. According to the report, historical data indicated that the Indian rupee has generally performed better under Republican administrations compared to Democratic ones. Overall, the report predicted that the rupee will adjust to the initial shock of the Trump presidency and stabilize in the coming months, easing concerns about prolonged instability.

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History of this topic

Rupee unlikely to find support in Asia FX’s slight recovery
22 hours, 31 minutes ago

Rupee unlikely to find support in Asia FX’s slight recovery

Live Mint  

By Nimesh Vora MUMBAI, Jan 14 - The Indian rupee's spiral is likely to persist on Tuesday despite the mild recovery in its Asian peers and a pause in the dollar index's rally. The 1-month non-deliverable forward indicated that the rupee will open at 86.60 to the U.S. dollar, marking a new lifetime low and down from 86.5750 in the …

Rupee’s fall sparks a war of words between the ruling party, Opposition
1 day, 10 hours ago

Rupee’s fall sparks a war of words between the ruling party, Opposition

Live Mint  

The Indian rupee's depreciation beyond ₹86 against the US dollar on Monday sparked a war of words between the ruling Bharatiya Janata Party and the opposition Congress party over the currency's economic performance during their respective terms. Congress leader Jairam Ramesh took a dig at Prime Minister Narendra Modi on social media platform X over the currency's depreciation, questioning Modi's …

Rupee expected to weaken more in coming months
1 week, 5 days ago

Rupee expected to weaken more in coming months

Live Mint  

Mumbai: The rupee is expected to further weaken in the coming months as Trump’s presidency strengthens the dollar at least in the near-term, experts said, adding that the central bank's interventions in the currency market are likely to ease. “There is a pending depreciation pressure visible on the rupee and that is seen in the REER overvaluation of around 8%," …

Slight reprieve for rupee likely as Asian peers recover
Trending News
1 week, 5 days ago

Slight reprieve for rupee likely as Asian peers recover

Live Mint  

By Nimesh Vora MUMBAI - The Indian rupee could find some relief on Thursday as most of its Asian peers ticked higher and with the currency near levels at which the central bank had intervened aggressively. The 1-month non-deliverable forward indicated that the rupee will open flat-to-slightly higher from its close of 85.6450 per U.S. dollar in the previous session. …

Rupee dents FPI dollar returns in 2024
Trending News
1 week, 6 days ago

Rupee dents FPI dollar returns in 2024

Live Mint  

The continuing slide of the rupee against the dollar has significantly hit the dollar returns of foreign portfolio investors in India. “Global investor returns are indexed to the dollar and, thus, the fall in rupee last year has impinged on their dollar returns,” said Ashish Gupta, chief investment officer at Axis Mutual Fund. Experts said the impact of the weaker …

5 factors pulling the Indian rupee down to record low: Trump, trade & more
2 weeks, 4 days ago

5 factors pulling the Indian rupee down to record low: Trump, trade & more

Firstpost  

The Indian rupee has come under immense pressure and touch a historic low of 85.81 against the US dollar on Friday. Find out five big factors that are weighing on the INR The Indian rupee touched an all-time low on the afternoon of Friday, December 27, 2024, and traded at 85.81 against the US dollar. At the interbank foreign exchange, …

Rupee weakens to lifetime low hurt by merchant dollar bids, weak equities
3 weeks, 6 days ago

Rupee weakens to lifetime low hurt by merchant dollar bids, weak equities

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 18 - The Indian rupee hit its all-time low on Wednesday, pressured by strong dollar demand from importers and likely outflows from local equities, while intervention by the Reserve Bank of India curbed losses, traders said. Weakness in regional currencies ahead of the Federal Reserve's policy decision due in U.S. trading hours also hurt the …

Prepare for a weaker, volatile rupee in 2025
1 month ago

Prepare for a weaker, volatile rupee in 2025

New Indian Express  

The rupee has been under pressure ever since Donald Trump has won the US presidential election, triggering capital outflow from India. Trump’s economic policies are likely to stoke higher inflation resulting in higher bond yields in the US. The capital outflow from Indian and other emerging markets has also been caused by the expectation that Trump’s policies will benefit the …

Rupee hits lifetime low before RBI intervened to stop further decline
1 month ago

Rupee hits lifetime low before RBI intervened to stop further decline

Firstpost  

The Indian rupee weakened to a low of 84.88 to the US dollar, down 0.04 per cent on the day. The Indian rupee declined to its all-time low on Thursday, pressured by dollar bids in the non-deliverable forwards market and from importers while intervention by the central bank kept a lid on losses, traders said. Heightened dollar demand in the …

Rupee takes a dive, more turbulence in 2025
1 month ago

Rupee takes a dive, more turbulence in 2025

Live Mint  

What triggered the rupee’s recent fall? The Indian rupee breached a record low of 84.85 per dollar this week and briefly tested 85.06-per-dollar levels as outgoing Reserve Bank of India governor Shaktikanta Das’s term ended on Tuesday. However, increasing geopolitical uncertainty, attractive US government bond yields, cheaper crude oil prices and heavy foreign institutional investor outflow from domestic equities further …

The great unknown: how a Trump presidency could affect the world, in five charts
1 month ago

The great unknown: how a Trump presidency could affect the world, in five charts

Live Mint  

US President Harry S. Truman once famously asked for a “one-handed economist" because he was tired of economists who, instead of giving decisive answers, would say, “On the one hand, this, and on the other hand, that." A plan to impose across-the-board tariffs on Mexico, Canada and China reinforced the view that tariffs would increase prices and keep US interest …

Rupee's slide: What it means for economy, markets, and you
1 month, 1 week ago

Rupee's slide: What it means for economy, markets, and you

India Today  

The rupee’s recent tumble to a record low of 84.73 against the US dollar has raised concerns about its impact on the economy and people’s daily lives. Although the rupee has recovered slightly today due to gains in the Chinese yuan, the recent drop reflects a confluence of global and domestic factors, creating ripple effects that extend beyond currency markets. …

Indian rupee hits fresh low amid US dollar rally and ongoing FPI selloff
1 month, 3 weeks ago

Indian rupee hits fresh low amid US dollar rally and ongoing FPI selloff

Live Mint  

The Indian rupee slipped to another fresh low of 84.50 against the US dollar in trade on November 22 as the greenback’s steady rise, persistent selling by foreign portfolio investors, and escalating geopolitical tensions continued to weigh heavily on the local currency. The dollar’s strength has been fueled by expectations that President-elect Donald Trump’s policies could reignite inflation and reduce …

Andy Mukherjee: India’s more immediate worry is tomatoes, not Trump
1 month, 4 weeks ago

Andy Mukherjee: India’s more immediate worry is tomatoes, not Trump

Live Mint  

Donald Trump is not India’s No. There’s plenty of reason to suspect that the incoming administration will push New Delhi hard on behalf of US technology firms. Starlink’s ties to the US intelligence and military establishment make it a “wolf in sheep’s clothing," a New Delhi-based think tank said this week. And that may be just one area where powerful …

Trump risk: The rupee could get caught in the crossfire of a currency
2 months ago

Trump risk: The rupee could get caught in the crossfire of a currency

Live Mint  

Nothing has consumed more ‘little grey cells’ than discussions on the United States presidential election, the contenders and their impact on the fate of the global economy after this “mother of all US elections." Sure enough, no Chinese policy pivot would put a floor under China’s economy, soften the US tariff impact and stabilize consumer prices faster than a weaker …

Rupee falls to all-time low against US dollar
2 months ago

Rupee falls to all-time low against US dollar

Deccan Chronicle  

Mumbai: The rupee slipped 2 paise to an all-time low of 84.40 against the US dollar in early trade on Tuesday, as persistent foreign fund outflows and strength of the American currency in the overseas market dented investors' sentiments. Forex traders said the rupee is expected to trade between 83.80 and 84.50 in the medium term with the Reserve Bank …

INR vs USD: Indian National Rupee hits record low of 84.38 against the US Dollar; Will it depreciate further?
2 months ago

INR vs USD: Indian National Rupee hits record low of 84.38 against the US Dollar; Will it depreciate further?

Live Mint  

The Indian rupee hit a record low on Monday against the US dollar, reflecting broader weakness among Asian currencies under pressure following Donald Trump’s victory in the U.S. elections. The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading higher by 0.05% at 105.05, near the four-month peak achieved last week following Trump’s win. …

Rupee may depreciate 8-10 per cent during Trump 2.0, says SBI report
2 months ago

Rupee may depreciate 8-10 per cent during Trump 2.0, says SBI report

New Indian Express  

NEW DELHI: The rupee may depreciate 8-10 per cent against the US dollar during the Trump 2.0 regime, said a SBI research report, even as the local currency hit its all-time low on Monday. The report, titled US Presidential Election 2024: How Trump 2.0 Impacts India's and Global Economy, emphasised that the rupee can have a brief spell of depreciation …

Trump 2.0: How to make your portfolio great again
2 months ago

Trump 2.0: How to make your portfolio great again

Live Mint  

New Delhi: “Experience taught me a few things. But for global financial markets, the ‘Trump trade’ only fuelled a furious rally, with Wall Street and other major stock indices vaulting to record highs in tandem with Bitcoin, while the US dollar strengthened, and bond yields jumped sharply in the immediate aftermath of the election results. Lowering the cost of medicines …

Donald Trump's Win In The US Elections Weighs Down Rupee, Currency Hits All-Time Low
2 months ago

Donald Trump's Win In The US Elections Weighs Down Rupee, Currency Hits All-Time Low

ABP News  

The Indian Rupee suffered a major blow this week in the aftermath of Donald Trump winning the US Presidential Elections. On Friday, the domestic currency slipped to a record low and clocked the worst weekly fall seen since May. Trump securing his win and becoming the President of the United States helped provide a boost to the dollar and US …

Trump's potential return sparks concerns over Indo-US trade ties, tariffs
Trending News
2 months, 1 week ago

Trump's potential return sparks concerns over Indo-US trade ties, tariffs

New Indian Express  

Donald Trump’s return as the 47th president of the US will likely put Indo-US trade ties under sharp focus. Trump has promised a fresh wave of tariffs under his ‘America first’ stance, which may adversely affect countries like India and its key sectors such IT, pharmaceuticals, textiles, chemicals and automotive parts. He even proposed import duty increases of 10-20 percent …

Trump presidency 2.0: A sequel likely to outdo his first stint in power
2 months, 1 week ago

Trump presidency 2.0: A sequel likely to outdo his first stint in power

Live Mint  

Sequels rarely have the same impact as the original. His oft-stated conviction that climate change is a hoax could lead him to reverse several of the Joe Biden administration’s green initiatives, save those for electric mobility, which, thanks to Trump’s proximity to Tesla chief Elon Musk, could be spared. However, with America’s growth rate already the envy of the rich …

Trump’s win spurs a rally in India, boosting investor wealth by ₹7.75 trillion. But will it have legs?
2 months, 1 week ago

Trump’s win spurs a rally in India, boosting investor wealth by ₹7.75 trillion. But will it have legs?

Live Mint  

Mumbai: Former US president Donald Trump’s return to the White House fuelled a market rally in India on Wednesday, propelled by technology stocks, riding hopes that his pro-business stance will spur spending and growth in the world’s largest economy. Experts say Trump is expected to cut corporate tax rates in his second term as US president next year, which could …

US Election Results: 4 key factors that may impact Indian stock market as Trump eyes return to the White House
2 months, 1 week ago

US Election Results: 4 key factors that may impact Indian stock market as Trump eyes return to the White House

Live Mint  

Indian stock market's benchmark indices, Sensex and Nifty 50, rallied over 1% on Wednesday in response to the US election results 2024, which indicate a likely victory for Republican candidate and former President Donald Trump over Democratic candidate Kamala Harris. Foreign brokerage Nomura predicts that India may emerge as a relative beneficiary under Trump’s policies due to its domestic demand-driven …

What Trump's win means for the Indian rupee
2 months, 1 week ago

What Trump's win means for the Indian rupee

Live Mint  

Mumbai: The Indian rupee is expected to remain under pressure on the back of a strengthening US dollar as Donald Trump wins the presidential race, experts said, prompting the Reserve Bank of India to curb volatility in the forex market. “However, in a slowing and fragile global economy, we firmly believe that economics is likely to trump politics," said Kanika …

Trump's Focus on India: Trade, Defense, and Geopolitics in the Balance
2 months, 1 week ago

Trump's Focus on India: Trade, Defense, and Geopolitics in the Balance

Hindustan Times  

US presidential election 2024: Donald Trump emphasizes strengthening ties between the US and India. Trump emphasizes economic and trade policies, defence and security cooperation, and immigration policies during his visit to India. He also addresses the issue of exiled Bangladeshi Prime Minister Sheikh Hasina seeking refuge in India.

US Election 2024: How will Donald Trump’s win impact the Indian stock market? Chris Wood shares his views
5 months, 3 weeks ago

US Election 2024: How will Donald Trump’s win impact the Indian stock market? Chris Wood shares his views

Live Mint  

Chris Wood, Global Equity Strategist of Jefferies, believes Donald Trump's return as the US President will be positive for equities. According to CNBC-TV18, Wood believes that Trump's first action would likely be to extend the tax cuts, which would be positive for equities. "Emerging saving schemes which courage equity investments is a long-term positive story, but in recent months, there …

Rupee declines 4 paise to 83.05 against US dollar
1 year ago

Rupee declines 4 paise to 83.05 against US dollar

India TV News  

The rupee ended its seven-day winning streak, declining by 4 paise to reach 83.05 against the US dollar in early Friday trading. Despite a weak US dollar and a buoyant equity market, overall market sentiment was affected by US data revealing higher-than-expected inflation in December. Thursday saw the rupee ending 2 paise higher at 83.01, marking the seventh consecutive session …

Dollar Decoupled: Donald Trump warns US currency 'crashing, will no longer be the world standard'
1 year, 9 months ago

Dollar Decoupled: Donald Trump warns US currency 'crashing, will no longer be the world standard'

Firstpost  

Donald Trump, frontrunner in the race for the 2024 Republican nomination, has been outrightly critical about the state of the economy of America New York: Dollar is “crashing” and “will soon no longer be the world standard,” said former US President Donald Trump, accusing his successor Joe Biden of destroying the country. There will be no defeat like that will …

Indian rupee could be the new dollar, says ‘Doctor Doom’ Nouriel Roubini
1 year, 10 months ago

Indian rupee could be the new dollar, says ‘Doctor Doom’ Nouriel Roubini

Firstpost  

Nicknamed as ‘Doctor Doom’ by Wall Street, Nouriel Roubini said overall there will be a process of de-dollarization over time New Delhi: The Indian rupee over time could become one of the global reserve currencies in the world, noted economist Nouriel Roubini said. Nicknamed as ‘Doctor Doom’ by Wall Street, Roubini in an interview to ET Now said: “One can …

How rupee may move against dollar in November?
2 years, 2 months ago

How rupee may move against dollar in November?

Live Mint  

Indian currency ended the week on a flat note and stood around 82.44 against the dollar on Friday. On the weakening in the rupee, Sriram Iyer, Senior Research Analyst at Reliance Securities said that the primary reason for the depreciation is hawkish Fed has pushed the dollar to two-decade highs. For the rest of November, Reliance Securities expert believes the …

FM Nirmala Sitharaman Is Right: Rupee Hasn’t Weakened, Dollar Has Strengthened - News18
2 years, 2 months ago

FM Nirmala Sitharaman Is Right: Rupee Hasn’t Weakened, Dollar Has Strengthened - News18

News 18  

On 16 October 2022, Finance Minister Nirmala Sitharaman made a statement: “I look at it not as rupee sliding but dollar strengthening.” Needless to say, this statement created a political outrage, with former Finance Minister P Chidambaram sarcastically remarking: “FM said that the rupee is not weakening but the dollar is strengthening. Hence for this analysis, the performance of the …

Rupee Has Held Up Very Well Against Dollar Compared to Other Currencies: FM Sitharaman
2 years, 3 months ago

Rupee Has Held Up Very Well Against Dollar Compared to Other Currencies: FM Sitharaman

News 18  

Finance Minister Nirmala Sitharaman on Saturday said the rupee has “held back very well” against the US dollar when compared to other currencies. Against the backdrop of the rupee dropping to a lifetime low against the greenback, Sitharaman said the Reserve Bank and the finance ministry are keeping a very close watch on the situation. The rupee slumped 30 paise …

Costlier Oil Prices, Tight Financial Conditions, FPI Outflows Responsible For Rupee Fall: Sitharaman
2 years, 5 months ago

Costlier Oil Prices, Tight Financial Conditions, FPI Outflows Responsible For Rupee Fall: Sitharaman

News 18  

Finance Minister Nirmala Sitharaman on Monday said global factors, such as a surge in crude oil prices and tight financial conditions, along with foreign portfolio investment outflows, are responsible for the fall in the exchange rate of the Indian rupee against the US dollar. “Global factors such as the Russia-Ukraine conflict, soaring crude oil prices and tightening of global financial …

Rupee's historic plunge: How is it impacting people | Explained
2 years, 6 months ago

Rupee's historic plunge: How is it impacting people | Explained

India TV News  

Rupee's historic plunge: The Indian rupee nearing 80 to a US dollar will make imports of items from crude oil to electronic goods, overseas education and foreign travel costlier while raising fears that the inflation situation could worsen. As per the latest data, the country's imports expanded by 57.55 per cent to USD 66.31 billion in June compared to the …

Why the fall of the rupee should have us all worried
2 years, 6 months ago

Why the fall of the rupee should have us all worried

The Hindu  

Published : Jul 10, 2022 18:00 IST ALL is not quiet on India’s external economic front. In fact, in a recent interview to Business Standard, Duvvuri Subbarao, a former RBI Governor, pointed out that “even as the rupee has depreciated vis-à-vis the dollar, it has actually strengthened against other hard currencies such as the euro and the yen” and that …

Rupee Falling Streak: Experts Feel Indian Currency May Hit 80 Per Dollar In 9 Months
2 years, 6 months ago

Rupee Falling Streak: Experts Feel Indian Currency May Hit 80 Per Dollar In 9 Months

News 18  

As the Indian market has been witnessing continuous outflows of foreign investments, the rupee has hit its record lows multiple times in the past few months. Experts said the rupee will face challenges in the coming few months and could possibly touch 80 levels against the US dollar in the medium term. Rahul Kalantri, vice-president of Mehta Equities, “We expect …

Data | Hitting record lows: What is driving the rupee’s fall?
2 years, 8 months ago

Data | Hitting record lows: What is driving the rupee’s fall?

The Hindu  

On Monday, the Indian rupee slumped to an all-time low of 77.36 against the U.S. dollar. India’s foreign reserves have also been dented due to the central bank’s intervention in the spot market to prop up the Indian unit. Click to remove AMP mode Intense selling The rupee’s fall has been accentuated by an exodus of foreign portfolio investors from …

A taper tantrum around 2024 polls could be Modi govt’s biggest economic trial
3 years, 10 months ago

A taper tantrum around 2024 polls could be Modi govt’s biggest economic trial

Hindustan Times  

When the Indian economy contracted by 23.9% in the quarter ending June 2020—the biggest contraction among major economies—everyone feared an unprecedented economic crisis. With the Biden administration planning to give another fiscal stimulus and the federal reserve announcing that it will not increase interest rates lest the economic recovery is jeopardised, inflation could increase going forward. If the taper tantrum …

Why has the rupee fallen against the dollar?
4 years, 9 months ago

Why has the rupee fallen against the dollar?

The Hindu  

March 22, 2020 12:02 am | Updated 12:02 am IST The story so far: The rupee slumped on Friday to a record closing low of 75.20 against the U.S. dollar as deepening concerns about the economic fallout of the COVID-19 pandemic sent global investors scurrying to dump most assets, especially emerging market holdings, and opt for cash and the relative …

Rupee down 5% against US dollar from July highs. It may fall further
5 years, 1 month ago

Rupee down 5% against US dollar from July highs. It may fall further

Live Mint  

India’s rupee is the only emerging Asian currency to weaken this quarter and its losses may gather pace as a report this week is forecast to show economic growth slid to a six-year low. The poor growth conditions may lead to lower capital flows and hence could be a significant negative for the currency.” India’s gross domestic product probably slowed …

Rupee falls further against US dollar
6 years, 1 month ago

Rupee falls further against US dollar

Live Mint  

Mumbai: The Indian rupee extended its losses on Wednesday against the US dollar after ruling Bhartiya Janata Party suffered a setback in the three state elections, and also after the government announced a former bureaucrat as a central bank chief. Analyst expects that the markets focus will shift now towards assessing continued central bank independence after two governers in a …

'Real' depreciation of Indian rupee between six to seven per cent: IMF
6 years, 3 months ago

'Real' depreciation of Indian rupee between six to seven per cent: IMF

India TV News  

According to an estimate by the International Monetary Fund, the real effective depreciation of Indian rupee is between six and seven per cent, in comparison to December last year. Broadly since the beginning of the year, Indian rupee “has lost about 11 per cent of its value in nominal terms vis a vis the US dollar", said IMF spokesperson Gerry …

Indian rupee crisis: ‘Worst is not yet over’
6 years, 4 months ago

Indian rupee crisis: ‘Worst is not yet over’

Al Jazeera  

Analysts partly attribute the fall of rupee to a global crisis and Trump’s ‘declaration of a trade war’. A strong US dollar and high oil prices, coupled with investors dumping emerging markets’ currencies and a record high current account deficit – a measurement of a country’s trade where the value of its imports exceeds the value of its exports – …

Rupee continues to depreciate, hits fresh record low of 72.69 versus US dollar
6 years, 4 months ago

Rupee continues to depreciate, hits fresh record low of 72.69 versus US dollar

India TV News  

Indian rupee touched a fresh record low of 72.69 per US dollar on Tuesday. On Monday, it ended at record closing low of 72.45 per dollar, down by 72 paise against Friday's close of 71.73. It touched a record low of 72.67 per dollar during intraday Monday. Meanwhile, market benchmark BSE Sensex crashed 509 points to close at more than …

'No need for knee-jerk reaction': Finance Minister Arun Jaitley blames global factors for rupee fall
6 years, 4 months ago

'No need for knee-jerk reaction': Finance Minister Arun Jaitley blames global factors for rupee fall

India TV News  

Finance Minister Arun Jaitley on Wednesday defended devaluation of Indian Rupee against the US Dollar even as it hit the lowest ever mark of 71.96 today to end at 71.75 per USD. He further said the dollar has strengthened against almost every other currency and added that the rupee has consistently either strengthened or remained in a range. The finance …

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