nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqvap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aesst3mr8r
INDIAN STOCK FUTURES, OFFSHORE RUPEE SLIDE ON 25% TRUMP TARIFF

https://media.zenfs.com/en/bloomberg_holding_pen_162/be0982f1a20d74f1463827ae09c849cc
--
✍️  Indian stock futures slid and the rupee dropped after US President Donald Trump announced a 25% tariff rate on imports from India, starting August 1.
--
👉 US President Donald Trump announced a 25% tariff rate on imports from India, starting August 1
👉 Indian stock futures slid and the rupee dropped
👉 The dollar/rupee one-month forward was up 0.9% to 88, pushing the pair to its highest since February
👉 The iShares MSCI India stocks ETF was down over 1%
👉 The additional penalty over India's energy purchases could lead investors to sell shares of Reliance Industries Ltd. and several state-owned refiners

--
#DonaldTrump #AbhayAgarwal #India #US #Russia #Ukraine #Buffalo #Budapest #SanFrancisco #world
--
nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqmjsz25hujza7mz8kggz2syzk8sr7qk6awlw2v2zltllrqzzcvznqxmzd62