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The Times of India

Business / The Times of India

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India-US trade deal impact: Rupee appreciates over 1% versus US dollar

Rupee has been the worst performing Asian currency in the last year, with persistent selloff from Foreign Institutional Investors (FIIs) causing the rupee to hit a new record low of 92 versus dollar a few weeks ago. Trump has announced that tariffs on India will be reduced to 18% with immediate effect.

3 Feb 2026 10:48 am