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SBI report: Trump’s Influence on Indian Rupee expected to be temporary

Historical data referenced in the report shows that the Indian rupee tends to perform better during Republican presidencies compared to Democratic ones

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A report from the State Bank of India (SBI) suggests that the "Trump Tantrum," which describes the effects of Donald Trump`s presidency on the Indian rupee, is anticipated to be a short-term phenomenon, reported news agency ANI.

The analysis points out that while the rupee might experience some initial fluctuations in the early days of Trump`s presidency, it will likely stabilise shortly thereafter.

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