Rupee tumbles 3% in 2024, hits all-time low
Ahmedabad Mirror|December 30, 2024
Rupee has depreciated against the US dollar to Rs 85.59 but gained 8.7% against Japanese yen and over 5% against euro
Rupee tumbles 3% in 2024, hits all-time low

The Indian rupee tumbled 3% in 2024 as concerns over slower economic growth and the green buck's global strength weighed, but it was among the least volatile currencies in the world and the headwinds may be less intense in the coming year.

Rupee settled at new lows as the year closed as dollar's resurgence weighed on emerging-market currencies.

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