RBI steps in as rupee nears record low as Trump’s tariff threats roil markets

The Indian rupee fell to 87.80/USD as US-India trade tensions escalated after President Trump threatened more tariffs. RBI intervention helped limit the slide, but fears over oil prices and foreign outflows persist ahead of the RBI rate decision

RBI steps in as rupee nears record low as Trump’s tariff threats roil markets
The Indian rupee fell to 87.80/USD as US-India trade tensions escalated after President Trump threatened more tariffs. RBI intervention helped limit the slide, but fears over oil prices and foreign outflows persist ahead of the RBI rate decision