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Rupee holds firm in face of Trump tariff threats
Financial Express Ahmedabad
|August 08, 2025
THE RUPEE CONSOLIDATED in a narrow range and settled higher by 3 paise at 87.69 (provisional) against the US dollar on Thursday, after US President Donald Trump slapped an additional 25% duty — doubling it to 50% — on Indian goods, denting the market sentiment.
Forex traders said weak crude oil prices and a decline in the dollar index supported the rupee. However, muted domestic markets and foreign fund outflows capped gains.
Cette histoire est tirée de l'édition August 08, 2025 de Financial Express Ahmedabad.
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