Indian Rupee Faces Depreciation Pressure From U.S. Tariffs -- Market Talk

Dow Jones
2025/08/29

0221 GMT - The Indian rupee faces the greatest depreciation pressure from U.S. tariffs among Asian currencies, HSBC forex research analysts write in a report. U.S. tariffs of 50% kicked in on Indian goods this week, comprising a 25% so-called reciprocal levy and an extra 25% to penalize India's Russian oil purchases. India's exports to the U.S. had a boost from front-loading in 2Q, but this could scale down in 2H. The INR nominal effective exchange rate and real effective exchange rate are at multiyear lows and look reasonably competitive. However, the RBI could dial back on its currency defense if negative external factors linger, HSBC says. USD/INR is 0.1% higher at 87.6320, LSEG data shows. (amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

August 28, 2025 22:21 ET (02:21 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10