नवीनतम
Rupee falls 26 paise to 85.78 against USD
MUMBAI [Maha Media]: The rupee slumped 26 paise to 85.78 against the US dollar in early trade on Thursday, after US President Donald Trump unleashed reciprocal tariffs on about 60 countries.
The US has announced 27 per cent reciprocal tariffs on India, saying New Delhi imposes high import duties on American goods, as the Donald Trump administration aims to reduce the country's trade deficit and boost manufacturing.
The move is expected to impact India's exports to the US. However, experts say that India is better-placed than its competitors, who also face increased levies.
