India-US trade deal impact: Rupee appreciates over 1% versus US dollar
Rupee has been the worst performing Asian currency in the last year, with persistent selloff from Foreign Institutional Investors (FIIs) causing the rupee to hit a new record low of 92 versus dollar a few weeks ago. Trump has announced that tariffs on India will be reduced to 18% with immediate effect.
Rupee has been the worst performing Asian currency in the last year, with persistent selloff from Foreign Institutional Investors (FIIs) causing the rupee to hit a new record low of 92 versus dollar a few weeks ago. Trump has announced that tariffs on India will be reduced to 18% with immediate effect. What's Your Reaction?
