The Indian rupee ended November with its worst monthly performance in eight, as Donald Trump’s victory in the U.S. election boosted the dollar and U.S. bond yields, while foreign portfolio outflows persisted.
Oil prices plummeted to their lowest levels since 2021 due to new U.S. tariffs announced by President Trump and increased output by OPEC+. Brent and
Jefferies’ Chris Wood criticizes Trump’s sweeping new tariffs, calling April 2 “an impoverishment day.” With steep levies on key Asian economies, analysts warn of global
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