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Indian rupee drops to lifetime low on persistent US tariff strain

The rupee dropped to 88.37 to the U.S. dollar, slipping past the prior all-time low of 88.36 hit last Friday.

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indian rupeeThe rupee dropped to 88.37 to the U.S. dollar, slipping past the prior all-time low of 88.36 hit last Friday. (File Photo)

The Indian rupee fell to a lifetime low against the U.S. dollar on Thursday, with persistent tariff pressures from Washington undermining India’s trade and flows outlook.

The rupee dropped to 88.37 to the U.S. dollar, slipping past the prior all-time low of 88.36 hit last Friday.

 

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