On Tuesday, after hitting a low of 85.66 against the dollar, the currency settled at 85.61, down by 7 paise or 0.08%.
Towards the end of the trading session, the Reserve Bank of India stepped in to prevent any sharp fall in the domestic currency, helping it to recover from the low of 85.66.
Consequently, state-owned banks sold dollars on behalf of the central bank.
This story is from the January 01, 2025 edition of Financial Express Ahmedabad.
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This story is from the January 01, 2025 edition of Financial Express Ahmedabad.
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