Meanwhile, Trump’s position of imposing higher taxes on China, which is almost 60% or more, could be beneficial for the likes of exporters from India, which could be wires and cables companies, solar module exporters, even tile exporters from India, and even chemical companies. So, it depends on the sub-sector
Rupee touches 4-month high of 84.96/$, but closes at 85.23
The dollar index declined to 101.27, but mildly strengthened to 102.66 later during the day. The rupee moved in the range of 84.95-85.33 to a
April 5, 2025