Intentar ORO - Gratis
Rupee gains for 3rd straight session, settles below 84 against US dollar
The New Indian Express Tirunelveli
|May 03, 2025
THE rupee has extended its rally for the third straight session on Friday, wiping out all losses since Donald Trump's win as the president of the US last November.
Analysts see the currency will see significant gain against the greenback, going forward. The rupee rallied nearly 1% intra-day and breached the psychologically 84 level and it settled at 83.5568 against the dollar. Such strength was last seen in June 2024. This comes within two months after the rupee had plunged to a historic low of 87.95 on February 10.
Currency traders cited strong dollar inflows into the equities and also into debt coupled with short-covering amid rising hopes of a US-India trade deal as the main driver of the rupee gains. The rupee has risen nearly 2% this week on the back of a 2.3% rally in March.
Esta historia es de la edición May 03, 2025 de The New Indian Express Tirunelveli.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The New Indian Express Tirunelveli
The New Indian Express Tirunelveli
Edappadi accuses Stalin of 'selective sympathy' to reap political gains
AIADMK general secretary Edappadi K Palaniswami on Friday accused Chief Minister MK Stalin of playing politics over the Karur tragedy, stating that he (CM) did not bother to comfort the victims of the Kallakurichi hooch tragedy last year, but visited Karur victims overnight only because of the upcoming Assembly elections.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
'No provisions': Pilots can't be in AI Ahmedabad crash probe committee
THE Aircraft Accident Investigation Bureau (AAIB) has informed a leading pilot body, the Airline Pilots' Association of India (ALPA INDIA), that it would not be possible to include pilots in the ongoing final probe into the AI 171 crash at Ahmedabad.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
OBC minister in Gujarat cabinet named state BJP chief ahead of local polls
THE suspense over the Gujarat BJP's leadership has ended.
1 min
October 04, 2025
The New Indian Express Tirunelveli
12 deaths & counting in MP, Raj; cough syrups under lens
CHILDREN aged below five years, who were prescribed a combination of medicines, including two common cough syrups, by doctors in Madhya Pradesh's Chhindwara district, and Rajasthan, continue to die following kidney failure.
2 mins
October 04, 2025
The New Indian Express Tirunelveli
REGULAR TRAINING CAN STEM ROT IN JUDICIARY
N an exemplary intervention, the Supreme Court recently directed two judicial officers in Delhi to undergo a week-long training, flagging serious lapses on their part in granting bail in a fraud case.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
Wangchuk's wife moves SC seeking husband's release
CLIMATE activist and Ladakh statehood crusader Sonam Wangchuk's wife, Dr. Gitanjali J. Angmo, has moved the Supreme Court seeking his immediate release from Jodhpur Central Jail, where he is being held under the National Security Act (NSA).
1 min
October 04, 2025
The New Indian Express Tirunelveli
Rivers swell in Chamoli in post-monsoon deluge
POST-monsoon rains lashing Uttarakhand's Chamoli district have led to a significant rise in the Alaknanda and Pindar rivers at Karnaprayag, causing widespread waterlogging and disruption.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
TILLY TELLS TALES FROM NEAR FUTURE
TWO giant strides in the artificial intelligence industry one achieved, another threatened-are rekindling existential anxieties.
3 mins
October 04, 2025
The New Indian Express Tirunelveli
Scrapped comps to be donated to govt schools
THE Centre has found a way to reduce the stash of old computers and laptops in government offices, as the usable machines declared scrapped will be donated to state-run schools and other educational institutions.
1 mins
October 04, 2025
The New Indian Express Tirunelveli
Coop society in every panchayat by '29, says Shah
UNION Home and Cooperation Minister Amit Shah on Friday said that by 2029, every panchayat in the country will have a cooperative society.
1 min
October 04, 2025
Listen
Translate
Change font size