Rupee falls to record low on Trump’s threat of 100% tariffs on BRICS
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The rupee hit a record low of 84.73 against the dollar, driven by strong dollar demand and Trump’s tariff threats to BRICS nations. Weaker-than-expected Q2 growth and global factors compounded the decline. RBI intervention limited further losses, but analysts predict continued pressure with potential geopolitical tensions impacting the rupee’s value.
External Affairs Minister S Jaishankar stated that India remains open to business with China but emphasized the importance of sector-specific engagement and terms. Following the […]
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Friday. While BSE Sensex was around the 81,500 level, Nifty50 […]
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, dropped in opening trade on Wednesday. While BSE Sensex was trading above 84,700, Nifty50 […]
