Rupee falls 12 paise to all-time closing low of 85.64 against dollar
Millennium Post Kolkata|Kolkata 01 January 2025
The Rupee has depreciated against greenback by almost 3% from 83.16 on Dec 29, 2023, to 85.65 on Dec 31, 2024
- OUR CORRESPONDENT

MUMBAI: The rupee depreciated 12 paise to close at a fresh record low of 85.64 against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets.

Forex traders said the rupee has been under continued pressure amid the Federal Reserve's cautious stance on rate cuts and the "Trump factor" driving up the dollar index (DXY) and US 10-year bond yields.

Additionally, slowing domestic macroeconomic growth, widening trade deficit and persistent foreign fund outflows have further fuelled the rupee's depreciation.

この蚘事は Millennium Post Kolkata の Kolkata 01 January 2025 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Millennium Post Kolkata の Kolkata 01 January 2025 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

MILLENNIUM POST KOLKATAのその他の蚘事すべお衚瀺
Millennium Post Kolkata

Success Can Isolate You And Lead To Failure

Shah Rukh Khan is self-critical but doesn't show moments of weakness to anyone

time-read
4 分  |
Kolkata 05January2025
Millennium Post Kolkata

Making Sense of a Wise Saint

In The Notebook of Kabir, Anand, disenchanted by caste, sets forth on a soulful journey of self-discovery through Kabir's timeless songs that rekindle his love for music, poetry, and a broader spiritual exploration. Excerpts:

time-read
4 分  |
Kolkata 05January2025
Millennium Post Kolkata

Dimitrov retires with groin injury during Brisbane Int'l semi-final

Defending Brisbane International champion Grigor Dimitrov retired from his semifinal match Saturday to give Jiri Lehecka a shot at a second Australian title.

time-read
1 min  |
Kolkata 05January2025
Millennium Post Kolkata

'Players are made of steel, outside noise doesn't affect us, focus on retaining trophy'

WE CAN'T CONTROL CERTAIN THINGS, AND WE DON'T WANT TO FRET ABOUT THOSE THINGS. WE DON'T WANT TO WASTE TIME ON IT

time-read
2 分  |
Kolkata 05January2025
Millennium Post Kolkata

Devajit Saikia Set to Take Over as BCCI Secretary

Devajit Saikia on Saturday filed his nomination for the post of the BCCI secretary whereas Prabhtej Bhatia applied for the post of the treasurer, with both officials being the only applicants for the two roles.

time-read
1 min  |
Kolkata 05January2025
Millennium Post Kolkata

Pant's subdued first innings was surprising

Pant had laboured to 40 off 98 balls, taking multiple blows on his body during his 149-minute stay on the wicket

time-read
2 分  |
Kolkata 05January2025
Millennium Post Kolkata

Calcutta's Amara Singh Shines at Junior Nationals Equestrian Championship 2024

Calcutta's 12-year-old Amara Singh has brought laurels to the city by excelling at the Junior Nationals Equestrian Championship, held at the Army Polo and Riding Club (APRC) in Delhi 21-30 December 2024.

time-read
1 min  |
Kolkata 05January2025
Millennium Post Kolkata

Pant's breathtaking fifty keeps India afloat in decisive 5th Test

Pant entrained packed SCG with four monstrous sixes, six boundaries

time-read
3 分  |
Kolkata 05January2025
Millennium Post Kolkata

Pak Limps to 64-3 After Rickelton's Double Ton Leads Proteas to 615

Pakistan, already a batter short after Saim Ayub broke his ankle in the field on Friday, trails by 551 runs

time-read
2 分  |
Kolkata 05January2025
Millennium Post Kolkata

Spanish League Again Denies Barcelona's Request to Register Olmo

The Spanish league and Spain's soccer federation on Saturday again denied Barcelona's request to register Dani Olmo and Pau Victor for the rest of the season.

time-read
1 min  |
Kolkata 05January2025