Indian Rupee Gains 18 Paisa to 90.76 Amid Weaker US Dollar

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

Rupee Jumps 18 Paise to 90.76 as Dollar Dips After US Supreme Court Scraps Trump Tariffs

Indian rupee

M

Moneycontrol•23-02-2026, 10:20

Rupee Jumps 18 Paise to 90.76 as Dollar Dips After US Supreme Court Scraps Trump Tariffs

•The rupee rose 18 paise to 90.76 against the dollar after the US Supreme Court struck down Trump's emergency tariffs.
•The American Supreme Court on February 20 ruled Trump’s tariffs unconstitutional, stating they exceeded federal power.
•Trump responded by signing an executive order imposing a 15 percent duty on all trading partners under Section 122 of the Trade Act of 1974.
•These new tariffs will remain for 150 days unless Congress extends them, complicating the situation for emerging market currencies.
•Importers are hedging positions, and RBI is expected to intervene to prevent depreciation towards the 91 rupee level.

Read Full Article on Moneycontrol in English

✦

More like this

✦

More like this

The Scotus decision provides immediate relief for Indian exporters but also introduces a new phase of trade uncertainty. Illustration/Reuters

US Supreme Court Curbs Trump's Tariff Powers; India Gains Leverage

(FILES) US President Donald Trump (R) and Indian Prime Minister Narendra Modi arrive for a joint press conference in the East Room at the White House on February 13, 2025 in Washington, DC. (Photo by Andrew Harnik / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Trump's Tariff Reset: US Supreme Court Ruling Shifts Global Trade, India Gains

Representational image (Image: News18)

Trump Hikes Tariffs to 15% on All Countries After Supreme Court Ruling

President Donald Trump speaks during a breakfast with the National Governors Association in the State Dining Room of the White House, Friday, Feb. 20, 2026, in Washington. (AP Photo/Evan Vucci)

Trump Imposes 10% Tariff on All Imports, Sparks Market Jump

U.S. President Donald Trump speaks during the ASEAN-U.S. Summit in Kuala Lumpur, Malaysia, October 26, 2025. Vincent Thian/Pool via REUTERS

US Lowers Tariffs to 10% for India, Other Trade Partners for 150 Days

President Donald Trump speaks during an event to announce tariffs (File image)

Indian Exports Face $8 Billion US Tariffs Despite Supreme Court Relief