<h1>Currency drops 10 paise amid trade tariff fears; sovereign rating upgraded to BBB with stable outlook</h1> The domestic currency depreciated by 10 paise to close at 87.57 against the US dollar due to sustained dollar demand from importers and foreign fund outflows amid trade tariff uncertainties between the two countries. Despite initial gains supported by rising crude oil prices, the currency weakened as investors awaited upcoming diplomatic talks. Concurrently, a major credit rating agency upgraded the country's sovereign rating to 'BBB' with a stable outlook, citing strong economic growth and fiscal discipline. The agency assessed that potential US tariffs, including a 50 percent levy on exports, would have a manageable impact on the economy, given its reliance on domestic consumption. The rating upgrade is expected to reduce borrowing costs for domestic companies in international markets, following recent tariff impositions by the US government.