The rupee plummeted to a record closing low of 87.8 against the dollar amid escalating US-India trade tensions fueled by potential tariff hikes. Equities weakened, with the Sensex and Nifty declining. Foreign investors offloaded shares worth ₹2,567 crore. While a weaker rupee could cushion the tariff impact by boosting exports, it also raises import costs and inflationary pressures. Post navigation Army, with old newspaper clip, takes a dig at US CFO churn: Most finance bosses exit in 2 years
