Try GOLD - Free
Rupee tanks 13 paise to 83.42 against dollar amid unabated outflow of foreign funds
Millennium Post Delhi
|June 01, 2024
‘USD-INR spot price is expected to trade in a range of Rs 83.10 to Rs 83.70’
-
The rupee paired all its early gains and settled with a steep loss of 13 paise at 83.42 against the US dollar on Friday amid volatile domestic equity markets and unabated outflow of foreign funds.
Forex traders said increased month-end demand of greenback by oil marketing companies also weighed on the Indian currency even as it found some support due to lower level of crude oil prices.
At the interbank foreign exchange market, the local unit opened at 83.25 and oscillated between the intra-day high of 83.23 and lowest level of 83.49 during the session.
This story is from the June 01, 2024 edition of Millennium Post Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Millennium Post Delhi
Millennium Post Delhi
Magisterial probe begins into 'hostagetaker' Rohit Arya's death
An independent magisterial inquiry has been initiated into the death of social entrepreneur Rohit Arya, who was shot during the police operation while rescuing 17 children and two adults held captive by him at a recording studio in Mumbai on October 30.
1 min
New Delhi 04November2025
Millennium Post Delhi
Voting on Tuesday as campaign silence follows fiery final debate
Campaigning ended on the early hours of Monday for the JNU Students’ Union elections, paving the way for voting on Tuesday, in what is expected to be a closely contested poll between the Left Unity and the Akhil Bharatiya Vidyarthi Parishad (ABVP).
2 mins
New Delhi 04November2025
Millennium Post Delhi
Umar Khalid's counsel concludes arguments
The counsel for former JNU student Umar Khalid on Monday concluded his arguments opposing the framing of charges against his client in the alleged larger conspiracy behind the 2020 Delhi riots.
1 min
New Delhi 04November2025
Millennium Post Delhi
Trump says Pak, China, Russia and North Korea testing nuclear weapons
Announces plans to resume US nuclear testing
1 mins
New Delhi 04November2025
Millennium Post Delhi
500+ vehicles below BS-IV standards denied entry into Capital
More than 500 vehicles below BS-IV norms were turned back from Delhi’s borders after the ban on the entry of commercial goods vehicles compliant with BS-III or lower emission standards came into force in the national capital.
1 min
New Delhi 04November2025
Millennium Post Delhi
UPI transactions hit record high of Rs 27.28L cr during October
Fuelled by festive buying, the transaction through the popular Unified Payments Interface (UPI) touched a record high of Rs 27.28 lakh crore and 20.7 billion in value and volume terms, respectively, in October, according to data released by the National Payments Corporation of India (NPCI).
1 mins
New Delhi 04November2025
Millennium Post Delhi
IMD rules out harsh winter in northwest India this month
The India Meteorological Department (IMD) has said that northwest India is unlikely to face an unusually severe winter this month, with conditions expected to remain largely consistent with previous years.
2 mins
New Delhi 04November2025
Millennium Post Delhi
RANGEELO RAJASTHAN Celebrating Rajasthan's royal kitchens & rustic traditions
Crowne Plaza New Delhi Mayur Vihar Noida, in collaboration with Holiday Inn Jaipur City Centre, is set to present 'Rangeelo Rajasthan: Thaat, Maat aur Rasoi, a 10-day celebration of Rajasthan's royal kitchens and rustic traditions.
2 mins
New Delhi 04November2025
Millennium Post Delhi
'Only 9 of 37 AQI monitors worked on Diwali'; SC seeks report on pollution
DELHI'S AIR QUALITY REMAINS 'VERY POOR'
2 mins
New Delhi 04November2025
Millennium Post Delhi
Sanjay Garg takes charge as Director General of BIS
Sanjay Garg has assumed charge as Director General of the Bureau of Indian Standards (BIS) with effect from November 1.
1 min
New Delhi 04November2025
Listen
Translate
Change font size