Rupee hits new low of 84.88 against USD
The New Indian Express Kottayam|December 13, 2024
INR likely to trade near 84.5 against USD by Dec-end
ENS ECONOMIC BUREAU @ New Delhi
Rupee hits new low of 84.88 against USD

THE rupee fell to a new low of Rs 84.88 during intra-day trade on Thursday against the US Dollar. Pressured by increase in crude oil prices and a lingering depreciation bias, it depreciated by 4 paise, and settled at ₹84.87 per dollar compared to ₹84.83 on Wednesday.

Analysts pointed out that the rupee continues to hover in a weak range. Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said the recent US CPI data came in line with expectations, signalling potential continuity in the Federal Reserve's rate-cut trajectory.

هذه القصة مأخوذة من طبعة December 13, 2024 من The New Indian Express Kottayam.

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 13, 2024 من The New Indian Express Kottayam.

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

المزيد من القصص من THE NEW INDIAN EXPRESS KOTTAYAM مشاهدة الكل
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