Rupee Sinks to New Record Low of 87.96 as Trump’s Tariff Plans Shake Markets
The Indian rupee plunged to a fresh record low on February 10, sliding to 87.9563 against the US dollar, after US President Donald Trump announced a 25% tariff on all steel and aluminum imports. The sudden move sent shockwaves through global markets, fueling concerns over trade tensions and currency fluctuations. Opening Bell Signals Trouble for the Rupee The trading session began with the rupee opening at 87.9175 per US dollar,…