Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Rupee gains for 3rd straight session, settles below 84 against US dollar
The Morning Standard
|May 03, 2025
THE rupee has extended its rally for the third straight session on Friday, wiping out all losses since Donald Trump's win as the president of the US last November.
Analysts say the currency will see significant gain against the greenback, going forward. The rupee rallied nearly 1% intra-day and breached the psychologically 84 level and it settled at 83.5568 against the dollar. Such strength was last seen in June 2024. This comes within two months after the rupee had plunged to a historic low of 87.95 on February 10.
Currency traders cited strong dollar inflows into the equities and also into debt coupled with short-covering amid rising hopes of a US-India trade deal as the main driver of the rupee gains. The rupee has risen nearly 2% this week on the back of a 2.3% rally in March.
Dit verhaal komt uit de May 03, 2025-editie van The Morning Standard.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Morning Standard
The Morning Standard
Israeli bombardment intensifies: 14 dead in Gaza
ISRAELI strikes killed at least 14 people overnight in Gaza City, health officials said, as Israel ramps up its offensive there and urges Palestinians to leave.
1 mins
September 21, 2025
The Morning Standard
Bomb threat mails send over 100 city schools into a tizzy
MORE than 100 schools in the capital received bomb threat emails on Saturday morning which turned out to be hoaxes after police conducted a thorough search of the premises, officials said. The subject of the e-mail mentioned \"Bombs Placed in Your Building - React or Face the Disaster\".
1 min
September 21, 2025
The Morning Standard
I don't want you!
Stunned techies scramble to US, scrap fly-out plan
1 min
September 21, 2025
The Morning Standard
MODI @ 75: ARCHITECT OF AMBITION
IN the sprawling scroll of India’s story, few figures have fused longevity with luminosity, persistence with power, endurance with epochal impact quite like Prime Minister Narendra Modi.
4 mins
September 21, 2025
The Morning Standard
Till the Cows Come Home
A centuries-old alpine celebration of cattle herding is one of Europe’s most charming festivals that celebrtes the bond between animals, people and the land
3 mins
September 21, 2025
The Morning Standard
'CORECT' BOND: SHIELD AGAINST CALAMITY
INDIA stands at a critical juncture in its approach to managing natural disasters.
4 mins
September 21, 2025
The Morning Standard
Huge rate cuts on stadium booking to boost concerts, live events in city
AFTER losing out major concerts and cultural shows to cities like Mumbai, Ahmedabad and Gurugram for years, largely due to steep stadium-booking charges, the Delhi government on Saturday announced a substantial cut in venue rates, a move officials and industry leaders hailed as “historic.”
1 min
September 21, 2025
The Morning Standard
Guardians of the Ecological Cycle
The sun was slipping down the horizon when a pair of big ears, winglike, appeared on the crest of the hill.
2 mins
September 21, 2025
The Morning Standard
Trump says US sinks 3rd drug-smuggling boat this month
DONALD Trump said on Friday the US military has carried out its third fatal strike against an alleged drug smuggling vessel this month.
1 mins
September 21, 2025
The Morning Standard
Tejashwi raises Bihar pitch, says won't contest polls without a CM face
RJD leader Tejashwi Prasad Yadav on Saturday said the Grand Alliance (GA) will not contest Bihar Assembly elections without a CM face, mounting pressure on the partners.
1 min
September 21, 2025
Listen
Translate
Change font size