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Monday, February 3, 2025

Rupee slides down to record low of 87.29 after Trump's tariff threats

The rupee hit a record low of 87.29 against the US dollar due to global trade war tensions after President Trump imposed tariffs on imports from Canada, Mexico, and China. The US dollar index surged, and the Reserve Bank of India might intervene. The Indian stock market also saw significant declines, reflecting investor concerns.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gWxrEYL

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