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Rupee plunges to 87.43 on US tariff woes, rising crude
The New Indian Express Kannur
|July 31, 2025
THE rupee, holding steady since March, has started revisiting the weaker terrains once again as sentiment soured following the imposition of higher-than-expected tariff by the US and a surge in oil prices in the backdrop of the looming August 1 tariff deadline.
The rupee plunged 0.72% at close to 87.43, the lowest since February 28.
The rupee got jittery on Wednesday after US President Donald Trump said Indian goods will face a higher tariff of 25%. "India has charged basically more tariffs than almost any other country and you just can't do that," Trump added.
Esta historia es de la edición July 31, 2025 de The New Indian Express Kannur.
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