newsvibe24X7
Indian Rupee Faces Sharp Decline
The Indian rupee is set to weaken amid Asian market declines triggered by U.S. import tariffs. The expected opening value is ₹85.70-85.75 per USD, down from ₹85.4975 in the previous session. Foreign investors withdrew $740.3 million from Indian stocks on April 1, signaling reduced confidence due to global trade tensions. Analysts predict further volatility in the forex market, affecting imports, exports, and investment flows. Stay updated on currency trends.
