
Rupee falls 7 paise to close at 89.94 against U.S. dollar
The Hindu
Rupee drops 7 paise to 89.94 against the dollar, influenced by U.S. tariffs and weak domestic market sentiment.
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According to recent Foreign Trade Performance Analysis data, India’s overall exports remained resilient in late 2025, even as traditional sectors faced sharp declines. While shipments of gems and jewellery to the U.S. plummeted, the overall figures were bolstered by a massive 237% surge in telecom exports, particularly smartphones. Data shows that Indian exporters are aggressively diversifying their portfolios. By deepening ties with existing partners and discovering new alliances, India is replacing lost U.S. sales with a more diversified set of trade partners












