Indian rupee hits all-time low of 84.71/$ on weak GDP data, Trump tariff threat

December 3, 2024

The Indian rupee touched a new all-time low of 84.6950 against the US greenback on Monday, in one of the sharpest falls in recent months, following US president-elect Donald Trump’s threat to impose a 100% tariff on the BRICS countries, in which India is a part, if they try to create an alternative to dollar.

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