Rupee falls 11 paise to a new low of 84.91/dollar
Financial Express Hyderabad|December 17, 2024
THE RUPEE DEPRECIATED by 11 paise to close at an all-time low level of 84.91 against the US dollar on Monday, dragged down by a negative trend in domestic equities.
PRESS TRUST OF INDIA
Rupee falls 11 paise to a new low of 84.91/dollar

Forex traders said the Indian rupee declined on weak domestic markets and rising US bond yields. However, a soft American currency cushioned the downside.

At the interbank foreign exchange, the rupee opened at 84.83 and touched the lowest-ever level of 84.93 against the greenback during intraday. The unit finally ended the session 11 paise down at 84.91 against the dollar.

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