The Indian rupee plummeted to a new low of 88.36 against the dollar on Friday, fueled by an unverified social media post about potential US tariffs on the Indian IT sector. This sparked speculative trading and increased dollar demand from importers, despite some intervention from nationalized banks.
from Economic Times https://ift.tt/NQzjJWb
from Economic Times https://ift.tt/NQzjJWb
Speculative trades push rupee to fresh record low of 88.36
![Speculative trades push rupee to fresh record low of 88.36]()
Reviewed by শ্রী শ্রী সত্যনারায়ণ নমঃ
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September 06, 2025
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