# Rupee plunges to all-time low on steep US tariffs, logs 4th month of loss

> The Indian rupee hit a record low of 88.3075 per dollar and closed at 88.1950 on August 29, losing 0.65% in its biggest one-day fall in nearly three months. The move followed a new additional 25% US tariff that doubled total duties on Indian goods to 50%.

- Date: 2025-09-01 · published 2025-09-01T12:00:00.000Z
- Category: macro · region India · magnitude medium
- Page: https://feedsoft.ai/events/23600-rupee-plunges-to-all-time-low-on-steep-us-tariffs-logs-4th-month-of-loss
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A weaker rupee lowers India's effective import costs for dollar-priced feed inputs but raises the risk of higher domestic costs and slower Indian demand for exports. Tariffs on Indian goods also weigh on Indian rice and meal export flows.

## Read by commodity

- RICE: bearish ▼
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2025-08-29 | [Rupee plunges to lifetime lows, breaches 88 mark against dollar as Trump's tariff pressure mounts - The Economic Times](https://feedsoft.ai/events/23604-rupee-plunges-to-lifetime-lows-breaches-88-mark-against-dollar-as-trump-s.md) | +0.5% | -2.4% |
| RICE | 2025-08-29 | [Rupee tumbles past 88 vs USD to record low as tariff concerns mount - The Economic Times](https://feedsoft.ai/events/23605-rupee-tumbles-past-88-vs-usd-to-record-low-as-tariff-concerns-mount-the.md) | +0.5% | -2.4% |
| RICE | 2024-11-08 | [India rice prices extend declines on rupee plunge](https://feedsoft.ai/events/27486-india-rice-prices-extend-declines-on-rupee-plunge.md) | +1.9% | +4.8% |
| RICE | 2026-02-18 | [Platts Thai 5% white rice at near one-month low; highest priced in Asia \| S&P Global](https://feedsoft.ai/events/12008-platts-thai-5-white-rice-at-near-one-month-low-highest-priced-in-asia-s-and-p.md) | -8.3% | +5.4% |
| RICE | 2025-02-19 | [How the falling rupee is lowering Indian food prices for UAE shoppers](https://feedsoft.ai/events/26013-how-the-falling-rupee-is-lowering-indian-food-prices-for-uae-shoppers.md) | -4.0% | -3.4% |

## Sources

- reuters.com: https://www.reuters.com/world/india/rupee-plunges-all-time-low-steep-us-tariffs-logs-4th-month-loss-2025-08-29/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.