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Rupee tumbles below 87 to dollar
Rupee drops past 87/USD for first time after Trump's tariffs wreck Asia
The Indian rupee weakened past 87 to the U.S. dollar for the first time ever on Monday in the wake of a slump in Asian currencies and equities after U.S. President Donald Trump's tariff threats became a reality.
Rupee falls 55 paise to breach 87 level against USD as Trump tariff triggers trade war fears
Forex traders said the Indian rupee touched a fresh all-time low on a surge in the US Dollar index and weak global markets after Trump Tariffs on Canada Mexico, and China triggered fears of a broad trade war.
Rupee tumbles below 87 to dollar as Trump’s tariffs spark wider trade war fears
The fall of the rupee to a new all-time low was in line with other global currencies, which weakened against the greenback after Trump imposed tariffs on Canada, Mexico and China, and threatened to increase levies on the European Union.
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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
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