The Indian rupee weakened to around 88.25 per dollar on Friday, hitting an all-time low, pressured by ongoing concerns over steep US tariffs on Indian exports.
US trade deal
Crude Oil Rallies on Hopes for US-China Trade Deal
Brent crude futures were at $70.85 a barrel at 0021 GMT, up 48 cents, or 0.7%, from their last close. Brent closed little changed in the previous session.
Donald Trump plans Allowed Duty Free Entry of about 2000 Products into the US
US President Donald Trump delivered notice Monday he plans to end key trade preferences for India and Turkey. Trump notified Congress in letters of his “intent to terminate” trade benefits for both countries under the generalized system of preferences.