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Rupee Falls To Near One-Month Low As Global Trade War Fears Rise

This is the lowest closing for the rupee since May 23.
This is the lowest closing for the rupee since May 23.
Mumbai: The rupee today nosedived 39 paise to hit a near one-month low of 68.38 against the US dollar as escalating trade threats between the world's two biggest economies continued to spiral. Increasing prospects for a full-blown US-China trade war triggered a risk-off atmosphere in many global currency markets after US President Donald Trump ordered to impose another round of tariffs on more Chinese goods, prompting China to retali...
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