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U.S. President-elect Donald Trump caused uproar by sharing a map depicting Canada as part of the U.S., suggesting annexation. He has mentioned economic force and tariff imposition to acquire Canada. Canadian officials, including Prime Minister Justin Trudeau, firmly rejected these propositions, emphasizing Canada's independence.
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News and Media
Former Bangladeshi prime minister Khaleda Zia has gone to London for medical treatment. She traveled on an air ambulance provided by Qatar's emir. This comes after significant political changes in Bangladesh with former prime minister Sheikh Hasina being ousted. Zia's son, Tarique Rahman, is set to lead their party in upcoming elections.
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When there are outflows, the rupee tends to weaken. Additionally, most Asian currencies are depreciating against the dollar. When comparing the Indian rupee to the top 10 or 15 currencies globally, it is performing better than average, though it has still depreciated. These global factors and FPI outflows are contributing to the rupee's weakness.
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News and Media
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