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Rupee Records Biggest Fall in 2 Weeks
Financial Express Lucknow
|March 11, 2025
Steep Decline
The rupee depreciated by 45 paise, its steepest single-day decline since February 25, to close at 87.33 on Monday, pressured by dollar bids spurred by the maturity of positions in non-deliverable forwards (NDF) and a fall in the Chinese yuan. Despite the weakness in the dollar, demand for the greenback from oil companies amid volatile crude prices and a selloff in equities soured the sentiment.
"There was news in
Cette histoire est tirée de l'édition March 11, 2025 de Financial Express Lucknow.
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