Overall, it depreciated by 1.5% against the US dollar during the calendar year. Meanwhile, the dollar index, which tracks the US currency's performance against a basket of six major currencies, declined by 0.94% this year.
Among Asian currencies, the rupee was the third most stable against the dollar, trailing only the Hong Kong dollar and Singapore dollar. This stability was largely attributed to the RBI's interventions, which helped curb the rupee's depreciation, according to forex dealers.
Denne historien er fra December 16, 2024-utgaven av Financial Express Lucknow.
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Denne historien er fra December 16, 2024-utgaven av Financial Express Lucknow.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Investor confidence powers semiconductor startups
SEMICONDUCTOR STARTUPS ARE riding a wave of increased investor confidence, with total funding in 2024 reaching $21.3 million, according to Tracxn.
Atul, Rahul Kirloskar to challenge Sebi order on family settlement
ENTITIES UNDER ATUL and Rahul Kirloskar's control - Kirloskar Oil Engines (KOEL), Kirloskar Industries (KIL), Kirloskar Pneumatic (KPCL), and Kirloskar Ferrous (KFL) - are gearing up for a legal battle against a Securities and Exchange Board of India (Sebi) directive.
Blinkit Launches Large Order Fleet in Delhi, Gurugram
BLINKIT, QUICK COMMERCE arm of Zomato, has launched a large order fleet in Delhi and Gurugram.
Emerging tech to spur 20% job growth in India
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IT companies set for gradual Q3 recovery with BFSI boost
• Mid-tier IT firms likely to outpace industry majors
ICAI's global networking norms restrictive: Big Five
AROUND 24,000 FIRMS HAD OVER TWO PARTNERS BY FY24-END
World Bank's 'B-Ready' score: Report flags India's challenges
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Revised standards for organic products soon
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Coffee exports surpass $1-bn mark in Apr-Nov
A New High
Capacity of wheat silos to triple in three years
THE GOVERNMENT IS aiming to build 9 million tonne (MT) of wheat silos capacities over the next three years, from a current level of 2.8 MT of state-of-the-art grain storage facilities.
