Trump tariffs: As US President Donald Trump prepares to announce reciprocal tariffs, uncertainty grips global markets. While new trade barriers take effect immediately, experts warn of economic risks, inflationary pressures, and potential market volatility. Investors seek clarity amid fears of escalating trade tensions.
RBI net forex buys hit a record $43 billion in August, balances it with swaps
The Reserve Bank of India recorded a net purchase of $43.26 billion in August’s foreign exchange market. This was done to manage significant dollar inflows