Indian rupee sinks to record low of 12.33 versus offshore yuan in likely boost to competitiveness
Published on: Aug. 29, 2025, 1:36 p.m. | Source: The Economic Times
The Indian rupee weakened to a new all-time low against the offshore Chinese yuan on Friday, a move that could boost competitiveness for a segment of exporters in the South Asian nation facing hefty U.S. tariffs.
