Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Rupee declines 39 paise to 87.50 on rate cut bets
The New Indian Express Bhubaneswar
|February 06, 2025
The rupee on Wednesday declined nearly 39 paise to 87.50 against the dollar as traders are expecting the first repo rate cut in nearly five years on Friday.
A topsy-turvy equity market only added to the pain for the unit.
The rupee opened rather flat, 5 paise lower from the previous close at 87.1263 against the dollar. But by afternoon panic gripped traders and the rupee crossed the 87.50 mark as more and more news of near certain rate cut panicked them.
The rupee, which has already lost more than 4% since October, recoupled on RBI intervention but closed with deep cuts over at 87.4650, down 0.4%.
Denne historien er fra February 06, 2025-utgaven av The New Indian Express Bhubaneswar.
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 The New Indian Express Bhubaneswar
The New Indian Express Bhubaneswar
Links between Hamas, Pak terror outfits flagged
Tactical similarities
1 mins
April 24, 2026
The New Indian Express Bhubaneswar
Man City go top of PL, Burnley relegated
AGENCIES @Bumley
1 min
April 24, 2026
The New Indian Express Bhubaneswar
Indian dengue vaccines, affordable treatment in coming years: Experts
INDIA plans to roll out indigenous vaccines and affordable treatment for dengue in the next three to five years, experts said on Thursday.
1 mins
April 24, 2026
The New Indian Express Bhubaneswar
France scraps transit visa for Indian nationals
Based on understanding reached earlier this year
1 mins
April 24, 2026
The New Indian Express Bhubaneswar
David by name, Goliath by nature
Royal Challengers Bengaluru’s principal finisher from Australia, who has already had an outstanding start to the season, gives a glimpse into his methods and techniques
3 mins
April 24, 2026
The New Indian Express Bhubaneswar
NGT serves notices to IPL venues, authorities confident ties will go on
EVEN as the National Green Tribunal (NGT) issued notices to six cricket stadiums across the country asking why activities at their venues should not be stopped, the authorities concerned hoped the recent development will not affect the ongoing Indian Premier League (IPL) matches at their facilities.
2 mins
April 24, 2026
The New Indian Express Bhubaneswar
GAP FOREIGN SCHOLARSHIPS REVEAL
NDIA is one of only seven countries in the world that receive more than $20 million in educational scholarships from foreign countries, according to Unesco’s latest global statistical report.
3 mins
April 24, 2026
The New Indian Express Bhubaneswar
Home games on unfamiliar surfaces for Bengaluru
OVER the last year and a bit, the surfaces at the M Chinnaswamy Stadium have undergone asilent revolution.
2 mins
April 24, 2026
The New Indian Express Bhubaneswar
Chance for RCB, GT to climb up the points table
Royal Challengers Bengaluru can go second while Gujarat Titans have the chance to climb up the leaderboard. A look at their clash on Friday...
1 min
April 24, 2026
The New Indian Express Bhubaneswar
BIKAJI FOODS FOUNDER SHIV RATAN AGARWAL PASSES AWAY AT 74
BIKAJI Foods International Limited, the snack mammoth, announced on Wednesday the demise of its promoter, chairman and whole-time director Shiv Ratan Agarwal.
1 min
April 24, 2026
Listen
Translate
Change font size