Indian rupee slumps on Trump tariff jolt, central bank likely cushions fall
MUMBAI, July 31 (Reuters) - The Indian rupee fell to an over five-month low on Thursday, hurt by U.S. President Donald Trump's threat of a 25% tariff on the Asian country's exports, and the central bank likely stepped in to arrest its fall towards a record low, traders said. The rupee slipped to 87.74 per U.S. dollar before paring losses to quote at 87.56 as of 11:30 a.m. IST, down 0.2% on the day. The currency, within touching distance of its all-time low of 87.95 hit in February, is down...