Rupee hits record low amid worries about US tariffs
Rupee hits a new record low; breaches 87/USD limit amid Trump tariff concerns
The rupee fell 0.5% to a record low of 87.07 per dollar in early trade, down from its previous close of 86.61. The dollar index rose 0.3% to 109.8, while Asian currencies weakened after Trump’s tariff announcement. The offshore Chinese yuan, which the Indian traders track, declined 0.5% to 7.35 per dollar.
Rupee hits record low amid worries about US tariffs; RBI likely steps in
The Indian rupee slipped to an all-time low on Friday, as the threat of U.S. trade tariffs under President Donald Trump weighed on most Asian currencies, while the Reserve Bank of India likely stepped in to support the local unit,
The Indian rupee tumbled to a record low against the US dollar amid global trade tensions, but the government is not worried, ...
The Indian rupee weakened past 87 to the U.S. dollar for the first time ever on Monday in the wake of a slump in Asian ...
The Indian rupee breached the 87 per dollar mark for the first time today, a steep fall from its previous close of 86.61/$ on ...
India had also earlier refuted any move to grill the US Dollar with an alternative BRICS currency, which was announced when ...
The Indian rupee is poised to open at an all-time low against the dollar on Monday, tracking a slump in Asian currencies and ...
India Today on MSN4h
Explained: Why rupee hit a lifetime low of over 87 against US dollarThe Indian rupee (INR) dropped to an all-time low of Rs 87.1450 per dollar, down 0.6% from Friday. It may be noted that the rupee has fallen almost 4% since October 2024.
Finance Secretary Tuhin Kanta Pandey on Monday said that exchange rate is facing pressure amid unabated foreign fund outflows ...
The Indian rupee weakened past 87 per U.S. dollar for the first time on Monday, as Asian currencies slumped after U.S.
The Indian rupee fell past 87 per U.S. dollar for the first time, hitting a record low as Trump's tariff policies triggered a selloff in Asian currencies.
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