Rupee depreciation

Rupee falls for tenth straight week, hits all-time low amid uncertainty over Trump influence

Newz BabaJanuary 11, 2025January 11, 202503 mins

The event comes amid a strenghtening US greenback in addition to uncertainty over potential financial insurance policies from former US President Donald Trump weighing on world markets learn extra The Indian rupee fell for the tenth consecutive week, hitting a document low of 85.97 to the greenback on Friday (January 10). The rupee closed barely…

Rupee falls 9 paise to hit all-time low of 85.24 towards US greenback in early commerce

Newz BabaDecember 26, 2024December 26, 202404 mins

NEW DELHI: The Indian rupee slid to a document low of 85.24 towards the US greenback in early commerce on Thursday, weighed down by rising US Treasury yields and a decline in most Asian currencies. The rupee, which had closed at 85.20 on Tuesday, opened decrease after a mid-week vacation in Indian monetary markets.The ten-year…