menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

Rupee Open...
source image

Bloomberg Quint

2w

read

346

img
dot

Image Credit: Bloomberg Quint

Rupee Opens Weaker After Trump Threatens 10% Extra Tariff On BRICS

  • The Indian rupee opened weaker against the US dollar at 85.57 following Donald Trump's threat of imposing a 10% extra tariff on BRICS countries.
  • Trump's warning was in response to what he referred to as 'anti-American policies' within the BRICS nations.
  • BRICS, an intergovernmental organization consisting of 10 countries, including India, China, and Brazil, is currently holding a leaders' summit in Rio De Janeiro.
  • The developing nations in BRICS are expected to take a stance conflicting with Trump on trade tariffs, Middle East conflict, and global arms spending.

Read Full Article

like

20 Likes

For uninterrupted reading, download the app