The rupee continues to depreciate past the 85-to-the-dollar mark that it breached last week, hitting a new low of 85.1975 on Tuesday. Ahead of the US elections, in early November the Indian currency was trading closer to levels of 84. The Indian currency has now lost about 1.31% since November 1. Meanwhile, the dollar has strengthened with the dollar index having gained value from 99.8 in late September to about 108.14 currently.
Diese Geschichte stammt aus der December 25, 2024-Ausgabe von Financial Express Ahmedabad.
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Diese Geschichte stammt aus der December 25, 2024-Ausgabe von Financial Express Ahmedabad.
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