Rupee plunges 52 paise to close at 87.70 against U.S. dollar
The Hindu
Rupee weakens as Trump's tariffs spark global trade concerns, dollar demand from OMCs, and FII outflows impact currency.
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India’s trade data for November reveals continued resilience in exports despite mounting U.S. tariffs on several key products. This is particularly significant given that the U.S. remains India’s largest export partner by a substantial margin. Interestingly, overall exports have not only grown, but shipments specifically to the U.S. have also rebounded.












