Rupee falls 3 paise to close at 84.32 against USD

Rupee falls 3 paise to close at 84.32 against USD

MUMBAI [Maha Media]: The rupee fell 3 paise to close at 84.32 (provisional) against the US dollar on Tuesday, as the greenback strengthened due to Donald Trump's tariff plans and a muted trend in domestic equities.

Forex traders said US President-elect Donald Trump's comments that he would impose additional 10 percent tariffs on Chinese goods and a 25 percent levy on imports from Mexico and Canada have affected risk sentiment.

Traders are also awaiting the Federal Open Market Committee (FOMC) minutes of the November 7 meeting for further cues.
 

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