Rupee falls to record low on Trump's threat of 100% tariffs on BRICS

The Times of India - 2 december 2024

Rupee falls to record low on Trump's threat of 100% tariffs on BRICS

The rupee hit a record low of 84.73 against the dollar, driven by strong dollar demand and Trump's tariff threats to BRICS nations. Weaker-than-expected Q2 growth and global factors compounded the decline. RBI intervention limited further losses, but analysts…

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