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₹ slips 0.67%, logs steepest one-day drop in two years
The New Indian Express Kannur
|January 14, 2025
THE rupee on Monday logged its steepest single-day decline of 58 paise (0.67%) in nearly two years, closing the session at a historic low of 86.62 to the dollar.
THE rupee on Monday logged its steepest single-day decline of 58 paise (0.67%) in nearly two years, closing the session at a historic low of 86.62 to the dollar. The fall is attributed to the stronger American currency, surging crude prices, and the volatility in the equity markets. The last time the Indian currency took such a plunge was on February 6, 2023 when
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