Rupee closes at its lifetime low of 85.12
Financial Express Chennai|December 24, 2024
Weak yuan, demand for dollar keep the currency under pressure
ANUPREKSHA JAIN

THE RUPEE ENDED at another all-time low on Monday due to weakness in the Chinese yuan and strong dollar bids from importers, likely related to month-end payments, said forex traders. However, dollar sales by the state-owned banks on behalf of the Reserve Bank of India (RBI) capped the decline.

The rupee ended at 85.12 against the dollar, compared with its Friday close at 85.10. The offshore Chinese yuan declined to 7.30, down 0.2%.

この記事は Financial Express Chennai の December 24, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Chennai の December 24, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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