मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

9,500 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

$149.99
 
$74.99/वर्ष

कोशिश गोल्ड - मुक्त

Rising demand for gold adds to rupee's woes

Financial Express Mumbai

|

September 27, 2025

EXPERTS SEE CURRENCY BREACHING 90 MARK SOON

- CHRISTINA TITUS

HIGH DEMAND FOR gold ahead of the festive and wedding season has added to weakness of the rupee, which is trading close to its all-time low."Apart from the usual dollar demand from oil importers, historic high of gold is adding to the rupee woes.

There has been increased demand for gold in the last 3-4 days.Around $100 million worth of gold has been imported every day in the last few days in our bank on account of the festive season and upcoming wedding season," said a chief dealer at a bank. This has also played a role in pushing the rupee to a record low, he added.

The rupee hit another fresh intraday low of 89.80 on September 23. On Friday, the rupee closed at 88.72 against the dollar.

Financial Express Mumbai से और कहानियाँ

Financial Express Mumbai

SC reverses verdict on BPSL

THE SUPREME COURT on Friday overturned its earlier decision ordering liquidation of Bhushan Power and Steel (BPSL), restoring approval to JSW Steel's 19,700-crore resolution plan.

time to read

3 mins

September 27, 2025

Financial Express Mumbai

Benchmarks fall 6% from record highs a year ago

AFTERHITTINGA lifetime high of 85,836 points on September 26, 2024, the Sensex has corrected sharply overthe pastyear.

time to read

2 mins

September 27, 2025

Financial Express Mumbai

HUL sees hit to Q2 sales from GST 2.0 disruptions

HINDUSTAN UNILEVER (HUL) on Friday said it saw a shortterm impact on sales inthe September quarter (Q2FY26) dueto the GST 2.0 reforms that kicked in this week.

time to read

1 mins

September 27, 2025

Financial Express Mumbai

Big Tech faces questions over H-1B hiring amid job cuts

US LAWMAKERS ASKED major American companies, including Apple, Amazon and JPMorgan on Thursday to explain why they are hiring thousands of foreign workers on H-1B visas while cutting other jobs.

time to read

1 min

September 27, 2025

Financial Express Mumbai

Pharma stocks swallow Trump’s bitter tariff pill

100% duty on branded drugs; Indian generics face threat

time to read

3 mins

September 27, 2025

Financial Express Mumbai

I-T survey at premises of Raymond Lifestyle

THE INCOME TAX department conducted a survey at some premises of textile and apparel major Raymond Lifestyle, according to an exchange filing on Friday.

time to read

1 min

September 27, 2025

Financial Express Mumbai

India & US to push for early trade deal: Govt

THE GOVERNMENT ON Friday said efforts were on to \"achieve early conclusion\" of an India-US trade pact, much awaited by the industry and exporters.

time to read

2 mins

September 27, 2025

Financial Express Mumbai

FY26 BORROWINGS LESS THAN BE BY ₹10,000 CR H2 mkt borrowings at ₹6.77 Lcr

. Long-tenure bonds see their share pruned

time to read

2 mins

September 27, 2025

Financial Express Mumbai

US mulls 1:1 chip production rule

THE US IS planning to push chipmakers to match the volume of semiconductors that their customers currently import from overseas providers through domestic production, or pay a tariff, the Wall Street Journal reported on Friday.

time to read

1 min

September 27, 2025

Financial Express Mumbai

Exporters reel as US tariffs leave India’s diamond trade dull

ALMOST A MONTH into US President Donald Trump's 50% reciprocal tariff imposition on India, the country's diamond industry struggles to stay afloat, as independent studies also predict a sluggish outlook for the sector.

time to read

2 mins

September 27, 2025

Listen

Translate

Share

-
+

Change font size