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Saturday, 28 June 2025
Economy

Business | Nov 9th 2024 Edition

Business | Nov 9th 2024 Edition

Markets responded positively Donald Trump’s victory in the US election. The dollar rose, the most increased in a day against a basket of currencies for two years. Mexican Peso and Chinese Yuan tumbled between high tariffs and more business protectionism fears. ,Trump trade, Also picked up stockmarkat. The biggest winning companies were considered to be in favor of Shri Trump. Tesla’s stock jumped, as was done in shares in banks, which would benefit the US regulatory agencies from Mr. Trump’s promise to overhaul; He has said that he will set fire to the Chairman of the Securities and Exchange Commission. Bitcoin rose to about $ 75,000 by defeating its previous record in March. Shri Trump wants to make America the “Crypto Rajdhani of the planet”.

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