Indian rupee hits record low: The Indian rupee hit a

The Indian rupee hit a record low of over 87 against the US dollar for the first time ever on Monday as a reaction to US President Donald Trump’s tariffs. Asian currencies and equities also slumped as a result of the tariffs, which have sparked fears of a trade war. The Indian rupee hit a record low against a surging US dollar as investors anticipate a boost to the American economy from Donald Trump's policies. Despite interventions by the Reserve Bank of India, the rupee weakened further, fueled by foreign investors pulling money out of Indian stocks. Fed's revised stance has dampened expectations for aggressive monetary easing, further pressuring emerging market currencies, including the Rupee The Indian Rupee fell to an all-time low of 85.07 ... The Indian rupee reached an all-time low on Tuesday, influenced by the dollar's four-month peak and potential outflows from local equities.