11 Nov 2025 | 3 Mins Read
Indian rupee stays flat following optimism about US trade
Flipitmoney
The Indian rupee opened flat at 88.6950 against the US dollar due to US President Donald Trump's comments on a potential trade deal. Trump stated they plan to "bring down the tariffs" on India, citing a significant reduction in Russian oil imports. Tariffs imposed on Indian goods to the US were previously raised to 50%.