
Under the impact of high tariffs from the United States, the Indian rupee hovers near historical lows, and its future performance is likely to continue lagging behind other Asian currencies

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Against the backdrop of high tariffs imposed by the United States on India, the Indian rupee weakened on Monday, hovering near historical lows. Analysts expect the rupee's performance to continue lagging behind other Asian currencies. Data shows that the exchange rate of the dollar to the rupee is reported at 88.27, making the rupee the worst-performing Asian currency, with a depreciation of about 3% against the dollar. A Goldman Sachs report indicates that the high tariffs faced by India will suppress exports in key industries, potentially dragging down GDP growth and further increasing depreciation pressure on the rupee
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