Indian Rupee has fallen to an all time low of 72 against the USD on Thursday 6th September 2018.
Market has speculations concerning that US President Donald Trump could order additional tariffs on China due to which Rupee has fallen to its all time low of 72.
The speculations are around the possibility of Trump administration imposing another $200 Billion on tariffs on Chinese import probably this week. This could give rise to a significant trade dispute among the two countries. Earlier, in the past 3 months, Yuan has lost more than 6% against the Dollar which is expected to fall further thus intensifying the economic situation.
To know how Falling rupee can impact us, Stay tuned for my next post.
Market has speculations concerning that US President Donald Trump could order additional tariffs on China due to which Rupee has fallen to its all time low of 72.
The speculations are around the possibility of Trump administration imposing another $200 Billion on tariffs on Chinese import probably this week. This could give rise to a significant trade dispute among the two countries. Earlier, in the past 3 months, Yuan has lost more than 6% against the Dollar which is expected to fall further thus intensifying the economic situation.
To know how Falling rupee can impact us, Stay tuned for my next post.
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