Rbi Us Presidential Election

India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.

As the US presidential election draws near, the conflict between America and China will escalate, impairing global trade which is "extremely important" for emerging markets like India and Brazil that are re-opening amid COVID-19 pandemic, former RBI Governor Raghuram Rajan has said.

Stock markets will remain open tomorrow and all risk management systems and surveillance measures have been beefed up to tackle any extreme volatility in the wake of demonetisation of certain currency notes and the US presidential election results.

India and fellow BRICS countries need to be prepared to confront potential "political risk" events such as Britain's exit from the European Union and the US presidential elections, Reserve Bank of India Governor Urjit Patel warned.

India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.

As the US presidential election draws near, the conflict between America and China will escalate, impairing global trade which is "extremely important" for emerging markets like India and Brazil that are re-opening amid COVID-19 pandemic, former RBI Governor Raghuram Rajan has said.

Stock markets will remain open tomorrow and all risk management systems and surveillance measures have been beefed up to tackle any extreme volatility in the wake of demonetisation of certain currency notes and the US presidential election results.

India and fellow BRICS countries need to be prepared to confront potential "political risk" events such as Britain's exit from the European Union and the US presidential elections, Reserve Bank of India Governor Urjit Patel warned.