HomeEconomyIndian Rupe reaches a...

Indian Rupe reaches a minimum of historical because of Trump’s customs tariffs

Photo: Getty images

The law signed by Trump provides for the introduction of duties to a level of 25% to goods imported from Mexico and Canada and 10% from China.

The US dollar in Indian Rupia on Monday in the first time in history exceeds 87 Rupees for $ 1 against the back of Asian currency and sharing after President Donald Trump introduced duties to – import with respect to Canada, Mexico and China. Trading economics reported it.

So, now the dollar was exchanged for 87.14 Rupees compared to 86.7 Rupees on Friday, at the same time at the session the rate reached the historic maximum – 87.23 Rupees.

The order of new duties entering February 4 was signed by Trump on Saturday. It provides for the introduction of 25% levels in goods imported from Mexico and Canada and 10% from China.

Trump also said he intends to introduce duties to goods from the EU.

New steps are improving fears about the world’s economic growth, forcing investors to redeem capital in protective properties, such as dollars.

Participants in the market are also concerned about slowing down the India GDP and increased oil prices, which may exacerbate the current account of the current balance of the country’s payment balance.

In the past, Trump said Mexico and Canada could join the United States, rather than receive subsidies.

Introduction of Duty: Trump says “it may be painful”

New Vid CORRESPONDENT.NET On the telegram that whatsapp. PIDS Insialle Our Channel https://t.me/KorresPondentNet Ta WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

The President signed the Law on 50% of the Motagrass for Veterans

The President of Ukraine signed a law that reduces the cost of a motorcycle by 50% for veterans and persons with disabilities as a result of the war (No. 4369-IX). .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px;...

The DPRK was promised by the “unclear” Poddjakke of Russia in the war against Ukraine

Russian military criminal, secretary of the Russian Council Sergey Shayga, visited Phogyan, where he met with Kim Jong. He promised him that the DPRK would support Russia, in particular, in the war against Ukraine. The parties discussed a joint operation in the Kursk...