Intra-day, the Indian currency fell to 85.72 levels, recovering after the Reserve Bank of India stepped in, dealers told FE.
The rupee has now depreciated by 244 paise or 2.93% since January 1, 2024, when it was trading at levels of 83.21 to the greenback. Most of the fall has taken place since end-September.
Esta historia es de la edición January 02, 2025 de Financial Express Delhi.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición January 02, 2025 de Financial Express Delhi.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Nvidia Unveils New Tech for Gamers
● Also announces first desktop PC
HMPV: Centre asks states to step up surveillance of respiratory illnesses
Two suspected cases of the virus were reported from Nagpur, taking the total number to seven
Samsung CEO touts AI fridges & washers
SAMSUNG ELECTRONICS IS ramping up investment in AI for consumer electronics, betting on its ubiquitous presence in gadgets from smartphones to TVs to help it stake out a spot in the AI arena.
Inequality, climate change to be big urban issues
IE THINC SECOND EDITION: OUR CITIES
Only 1 in 5 Sees Household Income Rising in '25: Study
ONLY 24% OR 1 out of every 5 Indians expects their household income to rise in 2025, a survey released on Tuesday showed.
A boost to Act East policy
Odisha can unlock its vast potential in industries such as manufacturing, logistics, and tourism, propelling the state towards a prosperous and sustainable future
Orbit, Sanabil Launch Startups' Accelerator
ORBIT STARTUPS (ORBIT) and Sanabil Investments have launched an accelerator programme to cultivate early-stage startups from the Saudi Arabia and the Middle East and North Africa (MENA) region, as well as global startups seeking to expand into the region.
BPCL board clears ₹1K-cr MNGL IPO
The board of state-owned Bharat Petroleum Company has given an in-principle approval for the listing of Maharashtra Natural Gas (MNGL) — its joint venture company with GAIL and Indraprastha Gas, the company said on Tuesday.
Growth engine runs out of steam
THAT REPRESENTS A loss of 6.4% growth over the period, against an average annual growth of 6%.
Vi planning phased 5G rollout, says CEO
VODAFONE IDEA is preparing for a phased 5G rollout, and will launch new tariff plans in 2025, the telco's CEO Akshay Moondra wrote to Vi customers in an emailed new year greeting.
