Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Rupee falls 11 paise to fresh record low of 84.91 vs dollar
Mint Mumbai
|December 17, 2024
The rupee's previous all-time low level was recorded on 12 Dec when it closed at 84.88 against the dollar
-
The rupee depreciated by 11 paise to close at an all-time low level of 84.91 against the dollar on Monday, dragged down by a negative trend in domestic equities.
Forex traders said the rupee declined on weak domestic markets and rising US bond yields. However, a soft American currency cushioned the downside.
At the interbank foreign exchange, the rupee opened at 84.83 and touched the lowest-ever level of 84.93 against the greenback during intraday. The unit finally ended the session 11 paise down at 84.91 against the dollar.
On Friday, the rupee rebounded from its record low level and settled with a gain of 8 paise at 84.80 against the dollar.
Denne historien er fra December 17, 2024-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
The world sees hope for a two-state solution. Israelis and Palestinians see none.
Rising global chagrin with Israel is leading to a push to revive the two-state solution. This may be its last chance
5 mins
September 22, 2025
Mint Mumbai
PRIVATE CAPITAL REVIVAL STAYS ELUSIVE. ARE INVESTORS TO BLAME?
Even before Aamir Khan immortalised the character of Rancho in the movie Three Idiots, Bertie had met a real-life Rancho. Duke was Bertie’s senior and dorm-mate in college, and it was well-known on campus that he would join his family business after graduating.
2 mins
September 22, 2025
Mint Mumbai
The myth of market buoyancy has multiple holes in it
A recent research report from a prominent Mumbai brokerage house has shocked Indian capital markets by lifting the veil over the Indian stock market's nonperformance.
3 mins
September 22, 2025
Mint Mumbai
Govt scans prices for profiteering as tax cuts kick in
As the biggest reform in India's goods and services taxes (GST) rolls out today, the Centre will be monitoring whether companies actually pass on the tax cuts or keep the gains to themselves.
3 mins
September 22, 2025
Mint Mumbai
Vengeance is far harder to carry out than it may seem
n June last year, aman named Renukas-wamy, who worked ina medical shop, was found dead miles away from home in a drain in Bangalore.
4 mins
September 22, 2025
Mint Mumbai
H-1B fee hike spells gloom for Indian IT
Bigger firms may handle costs better, other sectors affected too
3 mins
September 22, 2025
Mint Mumbai
PM asks small businesses, states to back swadeshi movement
Prime Minister Narendra Modi on Sunday appealed to states and micro, small, and medium enterprises (MSMEs) to play a key role in boosting the domestic manufacturing sector with globally acclaimed quality products that will fuel India’s pursuit of prosperity on the back of a swadeshi movement.
1 mins
September 22, 2025
Mint Mumbai
ChrysCapital to whip up a $200 million dessert storm
India-focused private equity firm ChrysCapital is sweetening its portfolio with a $200-million push into the desserts space, following last month's acquisition of patisserie chain Theobroma, two people familiar with the matter said on condition of anonymity.
2 mins
September 22, 2025
Mint Mumbai
'Skill education to join school syllabus'
The government is considering to add skill based learning be incorporated in the curriculum of Class 11 and 12 as per the recommendations of the National Education Policy 2020 (NEP 2020), Union minister Dharmendra Pradhan said on Sunday.
1 min
September 22, 2025
Mint Mumbai
Govt may not fine green project exits
Until now, such surrender of projects wasn't allowed. In case developers sought to abandon projects, the government forfeited their bank guarantees
3 mins
September 22, 2025
Listen
Translate
Change font size