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Indian Rupee Hits Record Low on Trump Tariff Threat
6 Articles
6 Articles
Trump increases tariffs on Indian goods. The goal is to increase pressure on Putin.
Indian rupee near record lows against UAE dirham, remittance activity surges
The rupee has approached record lows, trading around ₹23.91 per AED The Indian rupee has recently witnessed a sharp decline against the UAE dirham, which is pegged to the U.S. dollar. The rupee has approached record lows, trading around ₹23.91 per AED, with intra-week fluctuations between ₹23.63 and ₹23.95. This marks one of the weakest levels in recent years and has drawn significant attention from expatriate communities and businesses with exp…
Indian rupee on Tuesday, 5 August, may have a historical minimum of 88 rupees per dollar because of Donald Trump's threats to raise tariffs on Indian goods and Indian officials' violent reaction. Reuters wrote about this. The publication notes that the NDF (one month's forward contacts) indicates that the Indian currency may open between 88.00 and 88.04 dollars. The previous record minimum of 87.95 per dollar was recorded in February 2025. Finan…
This is due to new threats by US President Donald Trump to raise tariffs on Indian products.
Indian Rupee's Alarming Plunge: Trump Tariff Threat Triggers Economic Fallout
BitcoinWorld Indian Rupee’s Alarming Plunge: Trump Tariff Threat Triggers Economic Fallout In the dynamic world of finance, where digital assets often grab headlines, the foundational shifts in traditional currency markets continue to hold immense significance. The recent news of the Indian Rupee hitting a record low against the US Dollar, primarily triggered by the escalating Trump Tariff threat, serves as a stark reminder of how geopolitical t…
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