US EditionRupee plunges 48 paise to close at 87.66 against US dollar
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7 Articles
The Siasat Daily
NewsDrumRupee plunges 48 paise to close at 87.66 against US dollar
Mumbai: The rupee depreciated 48 paise to close at 87.66 against the US dollar on Monday, as sustained foreign fund outflows and trade tariff uncertainties dented investors’ sentiment. Forex traders said US President Donald Trump’s tariffs triggered fresh concerns over a much wider disruption in the global trade landscape. The domestic currency declined during the day on demand for dollars from Oil Marketing Companies (OMCs). At the interbank fo…
New Delhi: The Indian rupee remained weak on Tuesday as it remained under pressure due to sustained dollar demand from importers and continued withdrawals by foreign institutional investors (FIIs). Currency experts stressed that the situation has worsened due to uncertainty over US tariffs and potential penalties related to India's continued crude oil imports from Russia. In an exclusive with ANI, experts said there is still no clarity about the…
Rupee Closes 14 Paise Weaker Against US Dollar
The Indian rupee closed weaker against the US dollar on Tuesday, after Trump threatened to penalise India for continuing to buy Russian crude. The local currency closed 14 paise weaker at 87.80 against the greenback compared to previous close at 87.66 a dollar on Monday.The local currency opened 19 paise weaker at 87.85 against US Dollar on Tuesday compared to its closing against a dollar on Monday, that resumed volatility after the currency sho…
Rupee slips to 87.95 against dollar amid fresh US tariff shock - The Kashmiriyat
The Indian rupee continued its downward spiral on Tuesday, slipping 29 paise to open at 87.95 against the US dollar, teetering dangerously close to the psychologically critical 88 mark. The decline came in the wake of a sharp escalation in US-India trade tensions, after US President Donald Trump imposed steep new tariffs targeting Indian exports […] The post Rupee slips to 87.95 against dollar amid fresh US tariff shock appeared first on The Kas…
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