Indian Rupee Faces Depreciation Pressure From U.S. Tariffs

0221 GMT — The Indian rupee faces the greatest depreciation pressure from U.S. tariffs among Asian currencies, HSBC forex research analysts write in a report. U.S. tariffs of 50% kicked in on Indian goods this week, comprising a 25% so-called reciprocal levy and an extra 25% to penalize India’s …