Indian Rupee Faces Pressure as US Tariffs

The Indian rupee, which recently gained value against the U.S. dollar, is set to decline due to impending U.S. tariffs. President Donald Trump declared April 2 as “Liberation Day,” marking the imposition of tariffs to cut U.S. reliance on foreign goods. Experts predict these measures could push the rupee to historic lows over the next year. India’s trade balance may also suffer, impacting import-dependent sectors. Investors are advised to monitor forex trends closely.

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