Trump tariff impact: Rupee emerges worst-performing Asian currency YTD ahead of RBI MPC’s interest rate verdict
[ad_1] Asian currencies also slumped after the dollar rallied on Trump’s sweeping tariffs that impose a 25% levy on Mexican and Canadian imports into the U.S., while those from China will attract a 10% charge. The tariffs kick in on Tuesday. While intermittent dollar sales from state-run banks helped limit the rupee’s decline, the absence…