New Delhi, March 5 -- The Indian rupee logged its best single-day session in three weeks (since February 11, 2025) and stayed firm for the third straight session on Wednesday, March 5, after a broadly weaker US dollar amid US President Donald Trump's tariff updates spurred gains in Asian currencies.
Global investors are fretting over a slowdown in the US and weigh the impact of trade tariffs on the world's largest economy. The domestic currency settled with a gain of 13 paise at 87.06 against the US dollar, driven by a sharp recovery in domestic equities, a weak American currency and weak crude oil prices.
Forex traders said Donald Trump's tariff escalation has triggered a chain reaction in global markets, sending the US dollar into a d...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.