Rupee declines for 3rd straight session, hits low of 85.26
The New Indian Express Vellore|December 27, 2024
THE rupee continued to bleed for the third consecutive day on Thursday, pressured by a firm dollar and importers' month-end dollar demand.
BENN KOCHUVEEDAN @ Mumbai

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.

This story is from the December 27, 2024 edition of The New Indian Express Vellore.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 27, 2024 edition of The New Indian Express Vellore.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE NEW INDIAN EXPRESS VELLOREView All
The New Indian Express Vellore

Market mechanism debate: Article 6 key to emissions reduction

The 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, concluded amid widespread disappointment and criticism. Though it is considered a failed COP, one part of the compromise deal was the operationalisation of Article 6 of the Paris Agreement.

time-read
4 mins  |
December 28, 2024
The New Indian Express Vellore

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...

time-read
3 mins  |
December 28, 2024
The New Indian Express Vellore

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.

time-read
1 min  |
December 28, 2024
The New Indian Express Vellore

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.

time-read
3 mins  |
December 28, 2024
The New Indian Express Vellore

Six minutes of chaos for India

The lead is missing from the extracted text.

time-read
3 mins  |
December 28, 2024
The New Indian Express Vellore

No Extra Pressure for Slot as Liverpool Win

ARNE Slot insists Liverpool's commanding position at the top of the Premier League table has led to no extra strain during his first season in charge at Anfield.

time-read
1 min  |
December 28, 2024
The New Indian Express Vellore

Osamu Suzuki, architect of India's automobile revolution, dies at 94

OSAMU SUZUKI, chairman of Suzuki Motor Corp (SMC), passed away from lymphoma on Wednesday, December 25, 2024, the company announced in a statement on Friday. He was 94.

time-read
1 min  |
December 28, 2024
The New Indian Express Vellore

RBI Allows UPI Access via Third-Party Payment Apps

The Reserve Bank on Friday allowed the popular unified payments interface (UPI) access to prepaid payment instruments (PPIs) through third-party applications, making it easier for users to link their digital wallets to UPI-enabled apps.

time-read
1 min  |
December 28, 2024
The New Indian Express Vellore

Manmohan Singh: The silent Prime Minister or a humane economist?

EXPECTATIONS of Dr Manmohan Singh, the trailblazer of India's new economic policy, is no more. Economists around the world remember him for his brilliance and humility, and predominantly for his role in opening up the state-controlled Indian economy, when he was appointed Finance Minister of India in 1991.

time-read
2 mins  |
December 28, 2024
The New Indian Express Vellore

UltraTech buys 8.69% stake in Star Cement

JSW Neo Energy, a wholly-owned subsidiary of JSW Energy, has announced the signing of a definitive agreement to acquire 4,696 MW renewable energy platform from O2 Power Pooling Pte. Ltd, a joint venture between EQT Infrastructure and Temasek.

time-read
1 min  |
December 28, 2024