Trade & Currency
Neither of these apply to China at the moment. The sudden decision to label China a currency manipulator is yet another case of Trump according the short shrift to norms.
Neither of these apply to China at the moment. The sudden decision to label China a currency manipulator is yet another case of Trump according the short shrift to norms.
"The rupee is under pressure as the trade tension escalated between US and China. Global markets are also under pressure hence the rupee is weakening. In coming sessions, volatility is expected to rise in the rupee as the date of election results approaches," said Rushabh Maru, Research Analyst - Currency and Commodity, Anand Rathi Shares and Stock Brokers.
India has sharply increased its exposure to US government securities with holdings worth USD 135.7 billion at the end of…