Rupee hits record low as U.S. tariff, visa policies heap pressure

The Indian rupee has reached a record low against the US dollar, primarily due to increasing pressure from new U.S. tariff and visa policies. This decline is significant as it reflects broader economic challenges and could impact trade relations, inflation, and the overall financial stability of India. As the rupee weakens, it raises concerns for businesses and consumers alike, making imports more expensive and potentially leading to higher prices for goods.