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Indian Rupee Hits All-Time Low Amid U.S. Tariffs & Visa Fee Pressures
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Rupee weakens to record lows as U.
The rupee fell to approximately ₹88.62 per USD—the lowest level yet—under pressure from high U.S. tariffs and recent hikes in H-1B visa fees. Major stress is felt in India’s export-oriented IT sector, and foreign investor flows are weakening. RBI has intervened in forex markets but is allowing gradual depreciation to avoid abrupt economic disruptions.