Try GOLD - Free
Rupee buckles under tariff heat, hits all-time low
The New Indian Express Vishakapatnam
|August 30, 2025
THE rupee reached an unprecedented low on Friday, dropping past the 88-per-dollar mark for the first time in history.
The decline came amid heightened worries in the market over the impact of stiff US tariffs on India's exports and subsequently its economic growth.
The local currency hit a low of 88.30 to the dollar, surpassing its prior record of 87.95 set in February. As per traders, an intervention by the central bank through dollar sales helped in partial recovery of rupee. Rupee closed the Friday trading session at a record low of 88.19 (provisional) against the dollar. On Thursday, it had settled at 87.62/$.
This story is from the August 30, 2025 edition of The New Indian Express Vishakapatnam.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Vishakapatnam
The New Indian Express Vishakapatnam
Haryana & Raj sign MoU on '94 Yamuna water agreement
HARYANA and Rajasthan on Monday signed an agreement for the construction and implementation of the Yamuna Water Project, under which Rajasthan will get approximately 580 million cubic metres of water from the Yamuna canal through three underground pipelines from July to October every year.
1 min
June 30, 2026
The New Indian Express Vishakapatnam
PM to take stock of reforms from secys
PRIME Minister Narendra Modi is expected to chair a high-level meeting of secretaries from all ministries and associated departments on Tuesday, a day after returning from his visit to Seychelles.
1 min
June 30, 2026
The New Indian Express Vishakapatnam
QR codes for e-rickshaws, autos must in C'garh
IN a push toward public safety and urban transit modernisation, Raipur Police launched a major safety initiative for commuters, introducing mandatory QR codes for all auto-rickshaws and e-rickshaws operating in the city limits.
1 mins
June 30, 2026
The New Indian Express Vishakapatnam
TRACK DISTRESS MIGRATION, CURB YOUTH TRAFFICKING
THE ammonia leak at a seafood processing factory in Tiruvallur near Chennai has so far claimed 16 lives; another 26 workers are in recovery, while 47 have been discharged after treatment.
1 mins
June 30, 2026
The New Indian Express Vishakapatnam
Indigenous push: DRDO gets more financial muscle to cut R&D delays
THE Centre on Monday handed the Defence Research and Development Organisation (DRDO) more financial muscle by revising its delegation of powers to speed up trials, testing and the induction of indigenous defence technology.
1 mins
June 30, 2026
The New Indian Express Vishakapatnam
STORMS IN A WORLD CUP, XL EDITION
THIS is the XL World Cup, much in the image of the main co-host, the United States, where everything is supersized—from food portions to the NFL stadiums where most of the matches have been played.
3 mins
June 30, 2026
The New Indian Express Vishakapatnam
Omar writes to Mann as J&K staring at mutton shortage over Punjab transit fees
MUTTON could soon become scarce across Jammu and Kashmir as a standoff over alleged illegal charges on livestock trucks passing through Punjab has brought fresh imports to a halt.
1 min
June 30, 2026
The New Indian Express Vishakapatnam
More than 35% users expect AI to handle most of their work within a year
AT least 35% of AI users increasingly expect the technology to perform most of their work within a year, as per Anthropic’s Economic Index.
1 mins
June 30, 2026
The New Indian Express Vishakapatnam
BRAZIL IN SMASH & GAB-RIEL
Substitute scores in dying seconds to help Selecao nick 2-1 victory over Japan in Houston
2 mins
June 30, 2026
The New Indian Express Vishakapatnam
Nat'l ambulance norms for emergency response
THE Centre on Monday released the National Operational Guidance on National Ambulance Services 2026, which aims for ambulances to reach patients at the nearest medical centre, preferably within twenty minutes, with a target of ten minutes in busy urban areas.
1 min
June 30, 2026
Listen
Translate
Change font size