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Rupee Crashes To New Lows On Trump Tariff Threats, Recovers On RBI Action

Rupee Crashes To New Lows On Trump Tariff Threats, Recovers On RBI Action

Manvendra Singh Rajvanshi
Manvendra Singh Rajvanshi
  • New Delhi ,
  • Feb 10, 2025,
  • Updated Feb 10, 2025, 7:37 PM IST

President Trump's newly announced tariffs are sending shockwaves through global markets! The Indian Rupee plunged to record lows in trade, just shy of the 88 per Dollar mark, stock markets are in a four-day freefall, and gold prices are skyrocketing as investors seek safe haven. This video breaks down the immediate impact of Trump's decision to impose a flat 25% import duty on steel and aluminium, plus tit-for-tat tariffs. We'll show you how the Rupee has reacted to Trump's policies since he took office, hitting new lows despite intervention from the RBI. We'll also analyse the stock market's sharp decline and the market downturn, as well as why gold prices are soaring to unprecedented levels as investors flee to safety.

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