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The rupee closed at a new low of 87.60 per dollar on Thursday, down 0.2% on the day after Trump announced a 25% tariff on Indian exports from August 1 plus a penalty for buying Russian oil and arms. The currency fell 2.09% in July, its steepest monthly loss since September 2022, amid portfolio outflows.
Tariffs and a weaker rupee raise India's import costs and could reduce its appetite for US and other imported feed inputs, while pressuring Indian crop-sector finances.
business-standard.comAnjali KumariJul 31, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
