The rupee depreciated 19 paise and breached the crucial 85 level to close at a fresh all-time low of 85.13 against the US dollar on Thursday, as a hawkish stance from the US Federal Reserve sparked a broad dollar rally.
Forex traders said the Indian rupee breached the 85-mark for the first time and fell to a new record low as the US Federal Reserve adjusted its projections for 2025, signaling a more cautious monetary policy stance, pressuring emerging market currencies, including the Indian rupee.
Bu hikaye The Free Press Journal - Indore dergisinin December 20, 2024 sayısından alınmıştır.
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Bu hikaye The Free Press Journal - Indore dergisinin December 20, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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