By Admin 
Indian rupee vs us dollar: Indian rupee has become very weak in the last few days. Last week, it saw a historic decline. However, after that the Indian currency has handled itself. During the early trade on Tuesday, the rupee rose up to 88.01 against the US dollar with a strength of 25 paise in the domestic market with a strength of 25 paise.
Why does the rupee rise?
So far this year, Indian currency has seen a decline of 2.76 percent. It is then included in Asia’s worst performing currency. The rupee was opened at 88.27 levels on Friday, the last trading day of last week. But the market experts hoped that the rupee would remain strong on Tuesday.
However, despite this, there is pressure on the rupee over the rupee due to America’s huge tariff and global uncertainty. Anil Kumar Bhansali, Head of Treasury and Executive Director of Finrex Treasury Advisors LLP, says that the expectation of the Reserve Bank of India has increased in the recent Indian rupee, so that his decline can be reduced.
Will RBI interfere?
He further said that this month only this month has fallen by 0.34 percent compared to the previous month. Meanwhile, while Union Commerce Minister Piyush Goyal has indicated that a new proposal may come on the tariff by November this year, on the other hand, Union Finance Minister Nirmala Sitharaman says that the government is monitoring the rupee very closely and is preparing to take steps to help the exporters.
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