The rupee continues to depreciate past the 85-to-the-dollar mark that it breached last week, hitting a new low of 85.1975 on Tuesday. Ahead of the US elections, in early November the Indian currency was trading closer to levels of 84. The Indian currency has now lost about 1.31% since November 1. Meanwhile, the dollar has strengthened with the dollar index having gained value from 99.8 in late September to about 108.14 currently.
Denne historien er fra December 25, 2024-utgaven av Financial Express Mumbai.
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Denne historien er fra December 25, 2024-utgaven av Financial Express Mumbai.
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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At the G, India up against Head-strong Australia
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Yoon Defies Second Agency Summons Over Martial Law
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Russia Launches 'Inhuman' Christmas Day Attacks
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Azerbaijan Airlines plane crashes in Kazakhstan, many feared dead
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Honda-Nissan deal may hold key to fight against BYD
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Moving towards an IP-centric economy
A product mindset will help drive business growth