Published • loading... • Updated
Rupee Jumps 1.2% to 90.4 per Dollar as US Cuts Tariffs on Indian Goods
- The Rupee appreciated by 1.2% to 90.40 per dollar due to a reduction in US tariffs on Indian goods to 18%.
- India's Nifty 50 index rose nearly 5%, moving close to its January record high.
- 10-Year government bond yields fell by 5 basis points to 6.72% amid market optimism.
- Prime Minister Narendra Modi described the trade deal as a win-win for both countries.
Insights by Ground AI
14 Articles
14 Articles
Rupee jumps 1.2% to 90.4 per dollar as US cuts tariffs on Indian goods
The Indian rupee rallied to 90.4 against the US dollar on Tuesday, climbing 1.2 per cent after Washington slashed tariffs on select Indian goods from 50 per cent to 18 per cent, a move that soothed trade tensions and lifted sentiment in currency and equity markets
·Mumbai, India
Read Full ArticleRupee At 90.4 Per Dollar, Gains 1.2% After US Reduces Tariffs On Indian Goods
The rupee strengthened more than 1% to 90.40 per dollar in early trading as India's financial markets surged following a new trade agreement that reduced US tariffs on Indian goods from 50% to 18%.
·New Delhi, India
Read Full ArticleCoverage Details
Total News Sources14
Leaning Left1Leaning Right3Center1Last UpdatedBias Distribution60% Right
Bias Distribution
- 60% of the sources lean Right
60% Right
L 20%
C 20%
R 60%
Factuality
To view factuality data please Upgrade to Premium








