Rupee set to open weaker as Trump threatens 25% tariff on exports
The Indian rupee is likely to open weaker on Thursday after U.S. President Trump threatened a 25% levy on Indian exports, despite ongoing talks. Traders expect the Reserve Bank of India may intervene as the rupee nears its record low of 87.95. The 1-month NDF suggests an opening range of 87.66–87.69, versus 87.42 previously.