Fed's 2025 signal roils D-Street
Financial Express Hyderabad|December 20, 2024
THE SENSEX HAS lost 3.55%, or 2,915 points, in the last four trading sessions, eroding investment wealth of over ₹10 lakh crore (in three sessions).

The rupee, which has been on a steady decline since September 24, when the Fed cut rates for the first time, closed at 85.08/$ (down 0.18%) as the dollar index, which measures the dollar against the basket of six major currencies, hit a 2-year high of 108.07.

Many other Asian currencies fared worse, with the Chinese renminbi falling 0.16% while the Indonesian rupiah and Japanese yen declined 1.23% and 1.25%, respectively.

هذه القصة مأخوذة من طبعة December 20, 2024 من Financial Express Hyderabad.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 20, 2024 من Financial Express Hyderabad.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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time-read
1 min  |
December 20, 2024