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Rupee hits record lows; closes at 87.18/dollar despite RBI support
February 04, 2025
|The New Indian Express Thrissur
AFTER hitting a record low of 87.29 in opening trade, rupee closed on Monday at 87.185 to dollar after US president Donald Trump slapped punitive tariffs on imports from China, Mexico and Canada, its largest trading partners, stoking fears of a trade war that rattled global financial markets.
The rupee has lost more than 4% since October when it was trading above 83.70 despite the Reserve Bank selling billions of dollars to defend it.
هذه القصة من طبعة February 04, 2025 من The New Indian Express Thrissur.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Thrissur
The New Indian Express Thrissur
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RAHUL'S REIGN OF RELENTLESS DEFEATS
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1 mins
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1 mins
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1 mins
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2 mins
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Lokpal paves way for CBI charge sheet against MP in cash-for-query case
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1 min
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SC will hear plea seeking to ensure no PG seats in med colleges remain vacant
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1 mins
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