THE rupee continued to bleed for the third consecutive day on Thursday, pressured by a firm dollar and importers' month-end dollar demand. At the end of the market hours, the currency lost 6 paise against the dollar at 85.2625 from 85.20 in the previous session and had an all-time low of 85.2825 intra-day.
A trader said importers were very active in the market, though trading volume was relatively low as the year-end is nearing. It can be noted that the rupee's drop to 85 from 84 happened over two months, while the decline to 84 from 83 took nearly 14 months.
This story is from the December 27, 2024 edition of The New Indian Express Kochi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 27, 2024 edition of The New Indian Express Kochi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Stage Set For Grand Finale
THE SHOW STOPPERS
An Effective Sermon of Love, Humility and Acceptance
MOGENE Herdman (Beatrice Schneider) shouts, \"They've had all kinds of chances,\" when the church begins adding names of participants for the 75th Christmas pageant in their town.
Payal Kapadia's All We Imagine As Light Confirms OTT Premiere
AFTER its successful run at festival circuits and theatres, Payal Kapadia's All We Imagine As Light (AWIAL) now has an OTT release date.
Unni Mukundan's Marco to release in Telugu
UNNI Mukundan's Marco, currently enjoying a blockbuster run at the box office, is set to have a Telugu release.
Suresh Gopi's Ottakomban goes on floors in TVM
ACTOR-politician Suresh Gopi's first film since assuming office as a Union Minister went on floors on Friday.
Burst of flavours @ Marriott
AS part of Kochi Marriott's 10th-anniversary celebrations, a one-of-a-kind food festival is underway. The Grand 10 Flavour Fest 360. This cultural dining extravaganza promises an immersive gastronomic experience, bringing flavours of Mexico, Italy, Thailand, Goa, Punjab, Karnataka, Tamil Nadu, and Hyderabad, all under one roof till December 30 from 7pm to 11pm.
Teams and the Stars
The upcoming Hockey India League (HIL) promises exciting matches between strong teams and star players. Several teams have assembled impressive squads, including experienced players and rising stars. The competition is expected to be fierce, with key players and coaches playing crucial roles in determining the outcome.
Olympic heartbreak and no net gain for badminton
The ever-reliable discipline for India, in terms of providing the thrill & medals at elite competitions, endured a difficult year with some of the top shuttlers struggling for form, writes Anmol Gurung. Missing out on a medal in Paris was a new low...
Mohammedan play out goalless draw vs Odisha
MOHAMMEDAN SC held Odisha FC to a goalless draw at the Kishore Bharati Krirangan in the Indian Super League (ISL) on Friday to break their five-game-long losing streak in the competition.
Smith regains midas touch
IN many ways, it was coming. From the moment he got that century in Brisbane, Steve Smith seemed like he was going to pile on.
