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.
The Indian rupee this week is expected to be undermined by the fallout of U.S. President Donald Trump imposing tariffs on ...
India had also earlier refuted any move to grill the US Dollar with an alternative BRICS currency, which was announced when ...
The rupee depreciated 67 paise to hit record low of 87.29 against the US dollar in early trade on Monday after Trump Tariffs ...
The Indian Rupee plunged to a record low of 87.29 against the US dollar in early trade on Monday, driven by Trump Tariffs and ...
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 ...
The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...
Indian Finance Minister defends rupee depreciation against US dollar, citing strong macroeconomic fundamentals and stability ...
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