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Rupee weakens on rising trade tensions with US
short by / on 05 Aug 2025,Tuesday
The Indian rupee weakened against the US dollar on Tuesday weighed down by escalating U.S.-India trade tensions spurred by President Trump's tariff threats. Trump on Monday said he will 'substantially' raise US tariffs on Indian goods, accusing the country of buying massive amounts of Russian oil and selling it for big profits.
short by / 12:42 pm on 05 Aug
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