Rupee slumps on strong demand to buy dollars at daily fix, weak yuan
1 week, 3 days ago

Rupee slumps on strong demand to buy dollars at daily fix, weak yuan

Live Mint  

By Jaspreet Kalra MUMBAI, March 10 - The Indian rupee weakened on Monday on the back of strong demand to buy dollars at the daily reference rate and as the Chinese yuan slipped amid worries about the country's economy and a global trade war. The reference rate, or the daily fix, was quoted at a 1/1.20 paisa premium, signalling strong dollar bids, a trader said. Meanwhile, the dollar index ticked up to 103.8, recovering from a four-month low hit last week after data showed the U.S. economy created slightly fewer jobs than expected. "Tariff delays and exemptions could also remain a drag on the U.S. dollar, with President Trump flip-flopping with his tariff policies," MUFG Bank said in a note.

Rupee Dollar  demand  reference  dollar  rupee  tariffs  dollars  fix  yuan  buy  strong  economy  worries  tariff  slumps  weak  daily  trade  trump

History of this topic

Rupee falls 10 paise to 86.66 against U.S. dollar in early trade
1 day, 22 hours ago

Rupee falls 10 paise to 86.66 against U.S. dollar in early trade

The Hindu  

The rupee declined 10 paise to 86.66 against the U.S. dollar in early trade on Wednesday amid a firm American currency index ahead of the Federal Reserve's interest rate decision and prevailing concerns due to global trade tariff moves. Forex traders said the local currency found cushion due to easing crude oil prices and some inflow of foreign capital in …

Will Trump's reciprocal tariffs hit India hard? Here's all you need to know
4 days, 3 hours ago

Will Trump's reciprocal tariffs hit India hard? Here's all you need to know

India Today  

The US is set to impose reciprocal tariffs from April 2, which means some Indian exports are set to face higher import duties. According to the report, US tariffs mayonly lead to a 3-3.5% decline in exports, and India’s growing exports in manufacturing and services will negate the impact of reciprocal tariffs. SBI Research pointed out that India has diversified …

On US reciprocal tariffs on India, Centre's updates in Parliament
1 week, 2 days ago

On US reciprocal tariffs on India, Centre's updates in Parliament

Hindustan Times  

The Centre on Tuesday informed Parliament that as of date, the United States has not imposed reciprocal tariffs on India. The clarification comes days after US President Donald Trump criticised the high tariffs charged by India and other countries, terming them as “very unfair” and announced reciprocal tariffs from April 2 on nations that impose levies on American goods. In …

US Dollar drops to five-month-low against Japanese Yen over Donald Trump’s tariff concerns
Trending News
1 week, 3 days ago

US Dollar drops to five-month-low against Japanese Yen over Donald Trump’s tariff concerns

Live Mint  

The United States Dollar dropped to a five-month-low against the Japanese Yen and the Swiss franc on Monday, March 10, as the markets witnessed concerns about Donald Trump's tariffs and a potential economic slowdown in the US, reported the news agency Reuters. The US dollar dropped 0.76% to 146.91 against the Japanese yen on Monday, and the greenback hit its …

Weaker dollar unlikely to help rupee amid tariff worries, importer hedging
Trending News
1 week, 4 days ago

Weaker dollar unlikely to help rupee amid tariff worries, importer hedging

Live Mint  

By Jaspreet Kalra MUMBAI, March 10 - The Indian rupee is likely to open lower on Monday despite weakness in the U.S. dollar as concerns over global trade tensions continue to dampen risk appetite, while importers' hedging requirements may also weigh on the currency. U.S. President Donald Trump's tariff policies are also likely to stay in focus amid concerns about …

Trump says India has been ‘exposed for what they have done’ as he attacks India’s tariffs again
Top News
1 week, 5 days ago

Trump says India has been ‘exposed for what they have done’ as he attacks India’s tariffs again

The Hindu  

U.S. President Donald Trump on Thursday attacked India’s tariffs regime, saying it is next to impossible to sell anything to India because of the “high tariffs.” Speaking to reporters, Mr. Trump focused on the tariffs his administration will be putting in effect soon. However, Mr. Trump also revealed that India has agreed to slash its tariffs significantly, allegedly because “somebody …

US President Donald Trump claims India has agreed to cut tariffs ‘way down’
Top News
1 week, 6 days ago

US President Donald Trump claims India has agreed to cut tariffs ‘way down’

Live Mint  

US President Donald Trump claimed on Friday that India has agreed to significantly cut down tariffs on American imports. This announcement follows Trump’s earlier declaration that reciprocal tariffs would be imposed on India starting April 2, in response to what he described as “unfair” trade policies towards the United States. Ongoing trade talks with India Trump's comments come at a …

Rupee hits three-week high at 86.93 against US dollar amid Trump tariffs: What’s supporting the domestic currency?
2 weeks, 1 day ago

Rupee hits three-week high at 86.93 against US dollar amid Trump tariffs: What’s supporting the domestic currency?

Live Mint  

INR vs USD rate today: The rupee appreciated by 19 paise to close at 87.00 against the US dollar on Wednesday on sharp pullback in domestic equities, a weak American currency and a decline in crude oil prices. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.79 per cent lower at …

Rupee settles 19 paise higher at 87.00 against U.S. dollar
2 weeks, 1 day ago

Rupee settles 19 paise higher at 87.00 against U.S. dollar

The Hindu  

The rupee appreciated by 19 paise to close at 87.00 against the U.S. dollar on Wednesday on sharp pullback in domestic equities, a weak American currency and a decline in crude oil prices. Forex traders said U.S. President Donald Trump's tariff escalation has set off a chain reaction in global markets, sending the dollar into a downward spiral. The seasonally …

US Dollar Hits Three-Month Low on Risk to Growth From Tariffs
Trending News
2 weeks, 1 day ago

US Dollar Hits Three-Month Low on Risk to Growth From Tariffs

Live Mint  

-- The dollar fell to a three-month low on concerns about the negative impact of US tariffs on the economy, with losses particularly stark against the euro. The dollar has been on a downward trend this week as the US put into force trade tariffs on Canada and Mexico, fueling concern that a global trade war will weigh on economic …

Broad dollar weakness helps rupee post best day in over three weeks
2 weeks, 1 day ago

Broad dollar weakness helps rupee post best day in over three weeks

Live Mint  

By Jaspreet Kalra MUMBAI, March 5 - The Indian rupee rose on Wednesday as a broadly weaker U.S. dollar spurred gains in most Asian currencies, with investors fretting over a slowdown in the U.S. and how trade tariffs may impact the world's largest economy. Concerns about the U.S. growth outlook alongside uncertainty about the growth-inflation impact of trade tariffs have …

Trump sets April 2 for reciprocal tariff, Goyal in US for new trade deal – Firstpost
2 weeks, 1 day ago

Trump sets April 2 for reciprocal tariff, Goyal in US for new trade deal – Firstpost

Firstpost  

With weeks until Trump’s proposed retaliatory tariffs, commerce minister Piyush Goyal embarked on a trip to the United States on Monday to conduct trade negotiations with his US counterpart Howard Lutnick US President Donald Trump criticised the high tariffs charged by India and other countries, terming them as “very unfair” and announced reciprocal tariffs from April 2 on nations that …

US dollar hits three-month low after US inflation, growth concerns outweigh potential boost from tariffs
2 weeks, 2 days ago

US dollar hits three-month low after US inflation, growth concerns outweigh potential boost from tariffs

Live Mint  

The US dollar fell to a three-month low on Tuesday as concerns about slowing growth and the impact of tariffs on the US economy outweighed any potential boost from the ramping up levies on Canada, Mexico and China. US President Donald Trump's new 25 per cent tariffs on goods from Mexico and Canada took effect, along with a doubling of …

Why can’t Donald Trump’s tariff policy dictate Indian stock market for long? EXPLAINED
2 weeks, 2 days ago

Why can’t Donald Trump’s tariff policy dictate Indian stock market for long? EXPLAINED

Live Mint  

Trump tariff impact: The Indian stock market extended its losing streak for the 10th straight session, dragged by consistent foreign capital outflow amid US tariff concerns and a slowdown in domestic growth. US President Donald Trump escalates trade war fears Trump's 25 per cent tariffs on Canada and Mexico and a cumulative 20 per cent tariff on China came into …

Indian shares fall as US tariffs roil markets
2 weeks, 2 days ago

Indian shares fall as US tariffs roil markets

Live Mint  

By Bharath Rajeswaran and Vivek Kumar M March 4 - Indian shares fell in early trades on Tuesday, with the blue-chip Nifty 50 in the red for the tenth consecutive session, as United States' imposition of tariffs on key trading partners China, Canada and Mexico roiled global markets. U.S. President Donald Trump's 25% tariffs on Canada, Mexico and a cumulative …

Rupee falls 22 paise to 87.41 against U.S. dollar in early trade
3 weeks ago

Rupee falls 22 paise to 87.41 against U.S. dollar in early trade

The Hindu  

The rupee declined 22 paise to 87.41 against the US dollar in early trade on Thursday after the latest tariff announcements from the US weighed on emerging currencies, including the rupee. Forex traders said the latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar. Global financial markets experienced renewed volatility as US President Donald …

Rupee plummets 51 paise to end at 87.23 against U.S. dollar
3 weeks, 2 days ago

Rupee plummets 51 paise to end at 87.23 against U.S. dollar

The Hindu  

The rupee fell sharply by 51 paise to settle at 87.23 against the U.S. dollar on Tuesday due to month-end dollar demand by importers amid uncertainty over U.S. trade tariffs. "The rupee fell sharply against the U.S. dollar amid uncertainty over U.S. trade tariffs and demand from importers towards the end of the month. However, any intervention by the RBI …

Rupee rises 14 paise to 86.50 against U.S. dollar in early trade
3 weeks, 6 days ago

Rupee rises 14 paise to 86.50 against U.S. dollar in early trade

The Hindu  

The rupee appreciated 14 paise to 86.50 against the U.S. dollar in early trade on Friday, fuelled by the broad weakening of the US dollar, which faced downward pressure from lackluster economic data. "The dollar's weakness created a favourable environment for the Indian rupee," CR Forex Advisors MD - Amit Pabari said, adding that "India's robust real yield of 2.39% …

Will Indian rupee fall more due to Trump's reciprocal tariffs?
1 month ago

Will Indian rupee fall more due to Trump's reciprocal tariffs?

Firstpost  

While India’s high-tariff rate puts it at the risk of facing reciprocal tariffs, the outcome is not yet clear as implementation will likely be a multi-step process over several quarters, involving negotiations and counter-tariffs Reciprocal US trade tariffs proposed by President Donald Trump are unlikely to have a significant negative bearing on the rupee, the head of global foreign exchange …

Will Indian rupee fall more due to Trump's reciprocal tariffs?
1 month ago

Will Indian rupee fall more due to Trump's reciprocal tariffs?

Firstpost  

While India’s high-tariff rate puts it at the risk of facing reciprocal tariffs, the outcome is not yet clear as implementation will likely be a multi-step process over several quarters, involving negotiations and counter-tariffs A man counting Rs 100 notes. Reciprocal US trade tariffs proposed by President Donald Trump are unlikely to have a significant negative bearing on the rupee, …

Rupee to gauge fresh round of tariff threats, cautious Fed outlook
1 month ago

Rupee to gauge fresh round of tariff threats, cautious Fed outlook

Live Mint  

By Jaspreet Kalra MUMBAI, Feb 20 - The Indian rupee is likely to open little changed on Thursday as traders assess fresh U.S. tariff threats and a cautious rate outlook from the Federal Reserve after its latest policy meeting minutes highlighted upside risks to inflation. Indian pharmaceutical stocks declined on Wednesday following Trump's tariff threat as the U.S. accounts for …

Will Donald Trump's reciprocal tariffs hurt Indian rupee?
1 month ago

Will Donald Trump's reciprocal tariffs hurt Indian rupee?

India Today  

Donald Trump's new tariff threats might sound scary, but they won’t really shake up the Indian rupee much, according to Jefferies. The US President wants to slap reciprocal tariffs on countries that charge higher duties on American goods, which could mean trouble for Indian exports like petrochemicals and pharma—both big contributors to India's trade with the US. It may be …

Trump’s tariff plan poses risks for India-US bilateral trade: Goldman Sachs
1 month ago

Trump’s tariff plan poses risks for India-US bilateral trade: Goldman Sachs

Live Mint  

While India’s trade surplus with the US doubled over the last decade to $35 billion in FY24, driven by electronics, pharmaceuticals, and textiles, US President Donald Trump’s proposed reciprocal tariff plan could pose new challenges for Indian exports, Goldman Sachs Economics Research said in a report on Wednesday. Under President Trump’s reciprocal tariff plan, India could face three potential impacts: …

Week Ahead: Trump tariffs, INR-USD rate, FII outflow, global cues among key triggers for Indian stock market
1 month ago

Week Ahead: Trump tariffs, INR-USD rate, FII outflow, global cues among key triggers for Indian stock market

Live Mint  

The Indian stock market resumed its corrective phase after snapping two weeks of recovery to extend its losing streak for eight straight sessions for the first time in two years. Donald Trump's tariff announcements, Rupee-dollar rate, foreign fund outflow, domestic and global macroeconomic data, and global market cues will dictate the market direction in the next five days. Here are …

Rupee rises 27 paise to 86.52 against U.S. dollar in early trade
1 month, 1 week ago

Rupee rises 27 paise to 86.52 against U.S. dollar in early trade

The Hindu  

The rupee sustained its recovery from lowest level for the second straight session and appreciated 27 paise to 86.52 against the U.S. dollar on Wednesday supported by easing crude oil prices and measures by the Reserve Bank. However, rupee’s gain was capped by the volatile domestic equity markets, outflow of foreign funds and strengthening American currency amid concerns over the …

Stock market today: Asian stocks down after Trump imposes tariffs on imports of steel and aluminum
1 month, 1 week ago

Stock market today: Asian stocks down after Trump imposes tariffs on imports of steel and aluminum

Associated Press  

HONG KONG — Stocks in Asia were mostly down Tuesday, after U.S. President Donald Trump imposed 25% tariffs on all U.S. imports of steel and aluminum. Trump said over the weekend he would announce 25% tariffs on all steel and aluminum imports, with more import duties to come later in the week. In China, Trump has pressed ahead with 10% …

Big call on interest rates everyone with a mortgage needs to read as Donald Trump tariffs stir inflation fears
1 month, 1 week ago

Big call on interest rates everyone with a mortgage needs to read as Donald Trump tariffs stir inflation fears

Daily Mail  

Donald Trump's 25 per cent tariffs on Australian goods could end up delaying interest rate cuts here, experts fear. Donald Trump 's 45 per cent tariffs on Australian goods could end up delaying interest rate cuts, experts fear This would occur as weaker American demand for imports boosted the US dollar. Alarmingly, KPMG sees headline inflation climbing back to 3.3 …

Tariff threat bruises euro, Australian and Canadian dollars
1 month, 1 week ago

Tariff threat bruises euro, Australian and Canadian dollars

The Hindu  

Fresh threats of tariffs from U.S. President Donald Trump put pressure on the euro and the Australian and Canadian dollars in early Monday trading, though moves were less dramatic than last week's tariff-driven swings. Mr. Trump said he would announce new 25% tariffs on all steel and aluminium imports into the U.S. later on Monday, as well as reciprocal tariffs …

Rupee opens at record low of 87.92 against US dollar as Asian currencies slip on Donald Trump’s new tariff plan
1 month, 1 week ago

Rupee opens at record low of 87.92 against US dollar as Asian currencies slip on Donald Trump’s new tariff plan

Live Mint  

The Indian rupee opened at a record low on Monday, tracking losses in Asian currencies after US President Donald Trump said he will introduce more tariffs. The rupee slipped 49 paise to open at an all-time low of 87.92 against the US dollar as against its Friday’s close of 87.43 per USD. “The rupee is expected to trade at elevated …

Rupee crashes 44 paise to all-time low of 87.94 against US dollar
1 month, 1 week ago

Rupee crashes 44 paise to all-time low of 87.94 against US dollar

India Today  

The rupee hit a new all-time low on Monday as concerns over potential U.S. trade tariffs triggered losses across most regional currencies. In early trade, the rupee weakened to 87.95 per U.S. dollar, surpassing its previous record low of 87.5825 from last week. The rupee was expected to breach the 88 level at the open, but dollar sales helped it …

Mint Primer: Is the rupee on course for a bottomless fall?
1 month, 2 weeks ago

Mint Primer: Is the rupee on course for a bottomless fall?

Live Mint  

The days of stability in the currency market seem to be over as the rupee keeps racing to new bottoms against the dollar. On Monday, the rupee breached the psychologically important 87 per dollar level when President Donald Trump threatened to impose 25% tariffs on Canada and Mexico. Rather a strong US economy and anticipation of higher inflation and eventually …

Rupee declines to 87.58, marking worst performance among Asian currencies in 2025
1 month, 2 weeks ago

Rupee declines to 87.58, marking worst performance among Asian currencies in 2025

Hindustan Times  

The Indian rupee declined to its lifetime low on Thursday as a dip in Asian peers added to the prevailing bearish outlook on the currency a day before a crucial monetary policy decision. A day before a significant monetary policy decision, the Indian rupee fell to its lowest level ever on Thursday as a slide in its Asian counterparts exacerbated …

Indian Rupee Hits Fresh Low Of 87.37 Against The US Dollar; Here's What Could Be The Driver
1 month, 2 weeks ago

Indian Rupee Hits Fresh Low Of 87.37 Against The US Dollar; Here's What Could Be The Driver

ABP News  

The Indian rupee hit an all-time low on Wednesday, during afternoon trade amid a slump in Asian equities. The rupee dropped to 87.35 against the US dollar, surpassing its previous record low of 87.28 set on Monday, and was down nearly 0.3 per cent for the day. Asian equities pared their gains after Chinese stocks opened lower, as investor caution …

Rupee falls 9 paise to 87.16 against US dollar in early trade
1 month, 2 weeks ago

Rupee falls 9 paise to 87.16 against US dollar in early trade

The Hindu  

The rupee traded in a narrow range and depreciated 9 paise to 87.16 against the US dollar in early trade on Wednesday, as global trade war has fuelled risk aversion among investors. Forex traders said the rupee is trading with a negative bias over global trade war as market participants mulled the impact of tariffs being imposed by the United …

Yuan slumps on trade-war anxiety; yen jumps
1 month, 2 weeks ago

Yuan slumps on trade-war anxiety; yen jumps

Live Mint  

* Onshore yuan falls following return from extended break * Yen rises on upbeat Japanese wage gain * Dollar on the back foot, giving respite to peers By Rae Wee SINGAPORE, Feb 5 - The yuan sank on Wednesday as a new Sino-U.S. trade war shook Chinese markets returning from an extended Lunar New Year break, while the yen jumped …

Rupee recovers 13 paise from its all-time low against dollar
1 month, 2 weeks ago

Rupee recovers 13 paise from its all-time low against dollar

The Hindu  

The rupee recovered 13 paise from its all-time low closing level to 86.98 against the US dollar in early trade on Tuesday, after President Donald Trump agreed to pause tariffs on Mexico and Canada for 30 days. On Monday, the rupee plunged 49 paise to close at an all-time low of 87.11 against the US dollar. "The Indian rupee opened …

Indian shares set to track Asian peers higher as US pauses tariffs
1 month, 2 weeks ago

Indian shares set to track Asian peers higher as US pauses tariffs

Live Mint  

Feb 4 - India's blue-chip indexes are poised to open higher on Tuesday, likely to track the positive momentum in other Asian markets, after the U.S. paused its planned tariffs on Canada and Mexico, easing concerns over a potential worldwide trade war. Asian markets rose on the day after U.S. President Donald Trump paused tariffs on Canada and Mexico for …

Rupee tumbles below 87 to dollar as Trump’s tariffs spark wider trade war fears
Top News
1 month, 2 weeks ago

Rupee tumbles below 87 to dollar as Trump’s tariffs spark wider trade war fears

Live Mint  

Mumbai: Rupee tumbled to a record low on Monday as US President Donald Trump’s tariffs on Canada, Mexico and China, and threats of higher levies on the European Union triggered fears of a broad trade war. Rupee fell to 87.28 per dollar before closing at 87.1850, down by nearly 0.7%, its biggest single-day percentage loss since 13 January. “Due to …

Rupee falls 55 paise to breach 87 level against dollar as Trump tariff triggers trade war fears
1 month, 2 weeks ago

Rupee falls 55 paise to breach 87 level against dollar as Trump tariff triggers trade war fears

The Hindu  

The rupee plunged 55 paise to close at an all-time low of 87.17 against the U.S. dollar on Monday, as global market sentiments were impacted after the Trump administration slapped tariffs on Canada, Mexico and China. Forex traders said the Indian rupee touched a fresh all-time low on a surge in the U.S. Dollar index and weak global markets after …

Trump’s tariffs make rupee hit record low. What does this mean for the markets, economy?
1 month, 2 weeks ago

Trump’s tariffs make rupee hit record low. What does this mean for the markets, economy?

Firstpost  

On Monday, the rupee hit an all-time low of 87.29 against the US dollar, while the Sensex and Nifty dropped in early trading by 400 points and 160 points respectively. The development came after US President Donald Trump’s tariffs of 25 per cent on Canada and Mexico and 10 per cent on China took effect on Saturday. PTI US President …

Trump’s tariffs make rupee hit record low. What does this mean for the markets, economy?
1 month, 2 weeks ago

Trump’s tariffs make rupee hit record low. What does this mean for the markets, economy?

Firstpost  

On Monday, the rupee hit an all-time low of 87.29 against the US dollar, while the Sensex and Nifty dropped in early trading by 400 points and 160 points respectively. The development came after US President Donald Trump’s tariffs of 25 per cent on Canada and Mexico and 10 per cent on China took effect on Saturday. PTI US President …

Trump tariffs shake Asian markets as new trade war worries grow – Firstpost
1 month, 2 weeks ago

Trump tariffs shake Asian markets as new trade war worries grow – Firstpost

Firstpost  

Analysts said Asian markets were bracing for volatility set off by a possible trade war escalation People walk in front of an electronic stock board showing Japan's Nikkei index at a securities firm in Tokyo. AP Asia shares mostly fell in Monday trading as worries grow about President Donald Trump imposing tariffs on key U.S. trading partners. Analysts said Asian …

Rupee hits record low of 87.29 against US dollar in early trade as Trump tariffs stoke trade war fears
1 month, 2 weeks ago

Rupee hits record low of 87.29 against US dollar in early trade as Trump tariffs stoke trade war fears

Hindustan Times  

The rupee fell by 67 paise to hit record low of 87.29 against the US dollar in early trade on Monday, February 3, 2025, a day after US President Donald Trump's tariffs on Canada, Mexico and China that triggered fears of a broad trade war. Meanwhile, the dollar index went up 0.22% to its over two-year-high of 109.72, with 10-year …

Rupee falls below 87 against dollar for the first time as Trump tariffs reset global market
Trending News
1 month, 2 weeks ago

Rupee falls below 87 against dollar for the first time as Trump tariffs reset global market

Firstpost  

As US President Donald Trump has unleashed a tariff war on the world, the Indian Rupee has fallen to an all-time low of over Rs 87 In the wake of US President Donald Trump’s trade war on the world, the Indian Rupee fell to an all-time low of 87.1 to 1 US Dollar on Monday morning. The offshore Chinese yuan, …

Rupee plunges 67 paise to hit record low of 87.29 against U.S. dollar in early trade
1 month, 2 weeks ago

Rupee plunges 67 paise to hit record low of 87.29 against U.S. dollar in early trade

The Hindu  

The rupee depreciated 67 paise to hit record low of 87.29 against the U.S. dollar in early trade on Monday after Trump Tariffs on Canada Mexico and China triggered fears of a broad trade war. Donald Trump slapped Canada and Mexico with 25% duties and China with a 10% duty, The move was the first strike in what could usher …

Rupee at record low, crosses 87 per US dollar for the first time as Trump tariffs rattle Asian currencies
1 month, 2 weeks ago

Rupee at record low, crosses 87 per US dollar for the first time as Trump tariffs rattle Asian currencies

Live Mint  

The Indian rupee opened at a record low on Monday, breaching 87 per US dollar for the first time, as Asian currencies slumped amid a surge in US dollar after US President Donald Trump imposed tariffs on the country’s largest trading partners. The dollar index was up 0.3% at 109.8, while Asian currencies weakened, with the offshore Chinese yuan down …

Stock market today: Asian shares slip as worries grow about Trump's tariffs
1 month, 2 weeks ago

Stock market today: Asian shares slip as worries grow about Trump's tariffs

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asia shares mostly fell in …

Rupee hits record low of 87.18 amid Trump’s trade war impact
1 month, 2 weeks ago

Rupee hits record low of 87.18 amid Trump’s trade war impact

New Indian Express  

After hitting a record low of 87.29 in the opening trade, the rupee continued to decline, closing sharply lower at 87.185 to the dollar on Monday. This came after U.S. President Donald Trump imposed punitive tariffs on imports from China, Mexico, and Canada, its largest trading partners, fueling fears of a trade war that rattled global financial markets. Traders attributed …

Rupee hits an all-time low to go past Rs 87 against US dollar. Here's why
1 month, 2 weeks ago

Rupee hits an all-time low to go past Rs 87 against US dollar. Here's why

India Today  

The rupee fell to a record low of Rs 87.07 against the US dollar on Monday, as global currency markets reacted to fresh trade tensions. The decline came after US President Donald Trump imposed new tariffs on key trading partners, strengthening the US dollar and putting pressure on Asian currencies. The new trade restrictions have boosted the value of the …

Discover Related