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 New Indian Express Tadepalligudem
|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 see 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 New Indian Express Tadepalligudem.
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 New Indian Express Tadepalligudem
The New Indian Express Tadepalligudem
Level up: PMO to babus on cabinet notes
ONUS ON PULLING TOGETHER IN SAME DIRECTION
1 mins
November 25, 2025
The New Indian Express Tadepalligudem
Proposed amendment to protection of plant varieties law raises concern
Ongoing consultations may harm farmers: Experts
1 mins
November 25, 2025
The New Indian Express Tadepalligudem
PM returns to Ayodhya for flag hoisting in Ram temple
PREPARATIONS for Dhwajaarohan (flag hoisting) ceremony on the Ram temple's spire reaching their culmination with Prime Minister Narendra Modi ready to return to the temple town after 22 months of the consecration ceremony of Ram Lalla in the sanctum sanctorum which he presided over on January 22, 2024.
1 mins
November 25, 2025
The New Indian Express Tadepalligudem
Israel FTA: Scale of Indian goods trade unlikely to increase sharply
WITH both India and Israel reinstating their efforts to start negotiating a free trade agreement (FTA), Indian exporters across sectors like electronics and mechanical appliances, gems and jewellery, pharmaceuticals are likely to get the opportunity to tap their export market.
1 min
November 25, 2025
The New Indian Express Tadepalligudem
Rupee sees biggest single-day gain as RBI props up local unit
AFTER rupee’s worst single-day fall since May 8 on Friday to 89.61, the RBI intervention propped the domestic currency on Monday, helping it post the biggest single-day gain in a month to close at 89.23.
1 min
November 25, 2025
The New Indian Express Tadepalligudem
HOMESTAY PLAN TO EASE SANKRANTI STAYS IN WG
WEST Godavari, long celebrated for its vibrant Sankranti traditions and the sanctity of its Pancharama temples, is preparing for a new chapter in rural hospitality.
1 min
November 25, 2025
The New Indian Express Tadepalligudem
Nitish cabinet meet today, lobbying for BJP chief
First time in two decades
1 min
November 25, 2025
The New Indian Express Tadepalligudem
AI to upgrade Boeing 787-8 fleet by 2026: CEO
AIR INDIA CEO and managing director Campbell Wilson on Monday said the year 2026 is set to witness major changes to the airline’s fleet.
2 mins
November 25, 2025
The New Indian Express Tadepalligudem
Assam to table report on 1983 poll violence
THE report of a non-government commission, which probed the incidents related to the 1983 Assam election violence, will be tabled in the state Assembly during its winter session beginning on Tuesday.
1 min
November 25, 2025
The New Indian Express Tadepalligudem
A LIFE LIVED KING-SIZE
DHARMENDRA: 8 DECEMBER 1935 - 24 NOVEMBER 2025
2 mins
November 25, 2025
Listen
Translate
Change font size