周三，印度卢比兑美元汇率跌破87.5，这是其连续第五个交易日下跌，并逐渐回落至历史低点，因为市场情绪受到美国开始对印度出口征收新关税的打击。今天生效的关税将对价值超过480亿美元的商品征收50%的税，包括纺织品、服装、宝石和珠宝、虾、皮革、鞋类、化学品和机械，而制药、能源产品和电子产品等行业仍然免税。出口商警告称，关税可能会使印度商品退出美国市场，使越南、孟加拉国和中国等竞争对手受益，并使关键劳动密集型行业的就业机会面临风险。印度一直保持着谨慎的立场，莫迪总理敦促“swadeshi”自力更生，以抵御外部压力。美元需求也保持强劲，尽管印度储备银行的干预可能有助于限制损失。分析师预计，在贸易冲击和供需失衡的情况下，将面临进一步的下行压力。

The Indian rupee weakened past 87.5 per dollar on Wednesday, marking its fifth consecutive session of losses and edging back toward record lows, as sentiment was hit by the start of new US tariffs on Indian exports. The duties, which took effect today, raise levies to 50% on over USD 48 billion worth of goods, including textiles, clothing, gems and jewelry, shrimp, leather, footwear, chemicals, and machinery, while sectors like pharmaceuticals, energy products, and electronics remain exempt. Exporters warned the tariffs could price Indian goods out of the US market, benefiting competitors like Vietnam, Bangladesh, and China, and putting jobs in key labor-intensive industries at risk. India has maintained a measured stance, with PM Modi urging ‘swadeshi’ self-reliance to withstand external pressures. Dollar demand also stayed strong, though likely RBI interventions helped limit losses. Analysts expect further downside pressure amid the trade shock and supply-demand imbalances.