The Indian rupee hit a record low against a surging US dollar as investors anticipate a boost to the American economy from Donald Trump’s policies. Despite interventions by the Reserve Bank of India, the rupee weakened further, fueled by foreign investors pulling money out of Indian stocks.
Markets bracing for tariff-driven price surge: Santosh Rao
Inflation is gradually creeping into the market as prices of imported goods, especially consumer products, have increased. Companies initially absorbed costs due to front-loaded purchases
July 16, 2025