Rupee slides down to record low of 87.29 after Trump's tariff threats
Monday, 3 February 2025 ()
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.
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