The rupee hovered near its all-time closing low on Monday, settling flat against the dollar as the Reserve Bank of India (RBI) intervened in the foreign exchange market through dollar sales, dealers said. The domestic currency closed at 83.97 per dollar, unchanged from the previous Friday's close.
Several factors weighed on the rupee, including outflows from domestic equities, rising crude oil prices, and a strengthening dollar index.
Market participants said that the RBI likely intervened via non-deliverable forwards (NDF), local spot, and currency futures markets to prevent the rupee from breaching the 84 mark against the greenback.
ãã®èšäºã¯ Business Standard ã® October 08, 2024 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ Business Standard ã® October 08, 2024 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
Concor's growth route shifts as demand dips
Weak exim volumes, competitive pressures add to logistics firm's demand woes
Benchmarks fall as IT, auto shares retreat
Benchmark indices declined for the second day. The Sensex fell 318.76 point or 0.39 per cent to settle at 81,501.36 while the Nifty dipped 86.05 point or 0.34 per cent to close at 24,971.30 on Wednesday.
Global fund managers pare India allocation: BofA
Global fund managers increased their allocation to China at India's expense after Asia's largest economy unleashed a stimulus package, according to a survey conducted by BofA Securities.
Quant MF scoops up nearly half of AEL's â¹4.2K cr QIP
Subscribes 6.66 mn shares at â¹2,962 apiece
MF licence aspirant list swells with new wave of AMCs ready to roll
New applications serve as launchpad for diversifying business and expanding capital market reach
' 'Kutty Japan' faces crackle of fireworks, barium bans
Impressed by its industrial vibrancy, former prime minister Jawaharlal Nehru affectionately referred to this small city in Tamil Nadu as 'Kutty Japan' (Kutty means 'mini' in Tamil). Now, in 2024, Nehru's Kutty Japan, popularly known as Sivakasi, still contributes to over 85 per cent of the fireworks made in the country, lighting up the festive colours of every city and village in India.
Agencies actively pursuing bomb threat cases: Minister
Law enforcement agencies are actively pursuing all cases of bomb threats against airlines and the government is closely monitoring the situation, Civil Aviation Minister K Rammohan Naidu said on Wednesday.
Amazon Prime Video to introduce ads next year
Amazon's streaming platform Prime Video will include advertisements in shows and films for Indian viewers starting next year.
Why language needs more than a tag
Earlier this month, the Union Cabinet granted classical language status to Marathi, Pali, Prakrit, Assamese, and Bengali. With Tamil (2004), Sanskrit (2005), Telugu (2008), Kannada (2008), Malayalam (2013), and Odia (2014) already designated as classical languages, this brings the total to 11.
I'm back: Omar Abdullah takes charge as J&K CM
5 ministers take oath, including Dy CM from Jammu region and 1 Independent
