"The rupee's measured response to the new tariffs likely reflects the Reserve Bank of India's (RBI) resolve to prevent a breach of the all-time low of 87.95," says a trader.
Trump previously accused the 11-member BRICS grouping of pushing “anti-American policies” after the BRICS leaders level summit which took place in Brazil earlier this month. (AP)
President Donald Trump speaks during a dinner for Republican senators in the State Dining Room of the White House, Friday, July 18, 2025, in Washington.