rupee hits record low

Rupee plunges under 87, Sensex slumps over Trump’s tariff struggle

Newz BabaFebruary 4, 2025February 4, 202514 mins

MUMBAI: Rupee hit a report low of 87.28 on Monday, following US President Donald Trump’s announcement of tariffs on imports from main commerce companions that has sparked fears of a commerce struggle. It closed at 87.19, down 58 paise from its earlier shut, marking its largest single-day drop in two weeks.Rupee might need weakened additional…

Why did the Indian inventory market crash after the US Fed’s fee minimize? – Firstpost

Newz BabaDecember 21, 202408 mins

The Indian inventory market nosedived because the Sensex tumbled over 1,100 factors and the rupee hit a document low of 85.3 in opposition to the US greenback. This sharp sell-off was triggered by the US Federal Reserve’s hawkish fee minimize, signalling fewer reductions in 2025 and fuelling international financial uncertainty learn extra The Indian inventory…