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 breached the 87 per dollar mark for the first time today, a steep fall from its previous close of 86.61/$ on ...
The Indian rupee is poised to open at an all-time low against the dollar on Monday, tracking a slump in Asian currencies and ...
The weakening rupee has both positive and negative impacts on the Indian economy. It also means that the RBI has to choose ...
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Rupee Falls To All-Time Low Of 87.29 Against US Dollar, Find Out WhyThis fall in the domestic currency was triggered by fears of a broader trade war after US President Donald Trump imposed ...
The Indian rupee plunged to an all-time low of 87.29 versus the US dollar on Monday (Feb 3) as the currency felt the heat of ...
The Indian rupee plummeted to a new all-time low of 87.11 against the US dollar on Monday, driven by concerns over a ...
The Indian rupee has hit an all-time low, trading at 86.65 per dollar today. The fall exceeds its previous lowest value of 86 ...
The fall came after the United States imposed tariffs on Canada, Mexico and China, leading to concerns of a broader trade war ...
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