Rupee Weakens Past 70 Per Dollar
  • WebDesk BTVI
  • Aug 05 2019

K Harihar of First Rand Bank said that they have been speculating on what would happen if trade wars escalated between the US and China. He also said that the US increasing duties on Chinese products have forced China to retaliate, creating a competitive pressure in all other countries that sell similar items as the Chinese. The Rupee weakening henceforth is a given, he added.