{"id":273603,"date":"2025-04-04T02:13:23","date_gmt":"2025-04-04T02:13:23","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/04\/respite-for-rupee-as-dollar-dives-the-times-of-india\/"},"modified":"2025-04-04T02:13:23","modified_gmt":"2025-04-04T02:13:23","slug":"respite-for-rupee-as-dollar-dives-the-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/04\/respite-for-rupee-as-dollar-dives-the-times-of-india\/","title":{"rendered":"Respite for rupee as dollar dives &#8211; The Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i2.wp.com\/static.toiimg.com\/thumb\/msid-119960694,imgsize-868540,width-400,resizemode-4\/Representative-image.jpg?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Respite for rupee as dollar dives &#8211; The Times of India\" title=\"Respite for rupee as dollar dives &#8211; The Times of India\" \/><\/div><p> <br \/>\n<\/p>\n<div data-articlebody=\"1\">\n<div class=\"_s30J clearfix  \">\n<div class=\"MwN2O\">\n<div class=\"vdo_embedd\">\n<div class=\"T22zO\">\n<section class=\"D3Wk1  clearfix id-r-component leadmedia undefined undefined  VtlfQ\" style=\"top:0px\">\n<div class=\"D3Wk1\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"zPaFh\">\n<div class=\"wJnIp\"><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>MUMBAI: The rupee closed at 85.43 against the dollar, gaining seven paise from 85.50 on Wednesday. It had opened weaker at 86.75 after the US announced higher-than-expected <!-- -->tariffs on Indian imports<!-- -->.<br \/>&#8220;The Indian rupee strengthened after a sluggish start, largely due to the weakening of the US dollar,&#8221; said Dilip Parmar, senior research analyst, HDFC Securities. US recession concerns and rising inflation added pressure on the dollar. The rupee traded in a volatile range of 85.75 to 85.35. A 1% drop in the dollar index aided the rupee&#8217;s recovery. The new tariffs, although higher than expected, are lower compared to China, Vietnam and Thailand.<br \/>Asian currencies started weaker but pared losses. The offshore yuan retreated from 7.34 to 7.30. Indian equities outperformed, with Nifty 50 down 0.3% compared to Hang Seng&#8217;s 1.5% drop. US stocks saw a negative opening, while the dollar index hit a six-month low. Safe havens like the yen and Swiss franc surged as central banks hedged reserves by deploying funds in alternative currencies. <br \/>India is assessing the impact of US tariffs and pushing for a trade deal. The dollar index dropped 1.65% to 102.09, while Brent crude fell 4.1% to $71.88 per barrel. Bloomberg&#8217;s dollar gauge saw its steepest intraday decline since 2005, dropping 2.1%. Investors expect further dollar depreciation, with traders viewing a US slowdown as a bigger risk than inflation.<\/div>\n<\/div>\n<p><script>\nvar _mfq = window._mfq || [];\n_mfq.push([\"setVariable\", \"toi_titan\", window.location.href]);\n!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n         function setAttributes() {\n                    var prime_user_status = window.isPrime ? 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It had opened weaker at 86.75 after the US announced higher-than-expected tariffs on Indian imports.&#8220;The Indian rupee strengthened after a sluggish start, largely due to the weakening of the US dollar,&#8221; said Dilip Parmar, senior research analyst, HDFC Securities. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":273604,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static.toiimg.com\/thumb\/msid-119960694,imgsize-868540,width-400,resizemode-4\/Representative-image.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[289,67175,5676,210372,273,210371,26284,5674,146596,210370,272,210369],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/273603"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=273603"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/273603\/revisions"}],"predecessor-version":[{"id":273605,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/273603\/revisions\/273605"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/273604"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=273603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=273603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=273603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}