Rupee Falls 7 Paise From All-Time Closing Low To 88.80 Against US Dollar, Dragged Down By Tariff & H-1B Visa Issues
Forex traders said rupee is hovering near its all-time low level as enhanced US tariffs on Indian goods as well as US H-1B visa fee hike dented investor sentiments.Moreover, investors’ risk-aversion and trade policy uncertainty has also exacerbated the rupee’s depreciation.