Mumbai, Aug. 4 -- The Indian rupee is once again seen drowning near record low levels as concerns surrounding Trump's tariff and uncertainty surrounding the Reserve Bank of India's (RBI) monetary policy announcement on Wednesday weighs. US President Trump, last week, announced a 25% tariff with an unspecified penalty for buying Oil from Russia, on imports from India. Meanwhile, losses in the currency were limited tracking local equities that were supported by falling oil prices on supply glut fears and a weaker dollar due to tariff-related worries and growing fears of political influence on key institutions in the U.S. The BSE Sensex jumped 418.81 points, or, 0.52 percent, to 81,018.72, snapping a two-day losing streak. The broader NSE Ni...