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Tag: Indian rupee after elections

Rupee plunges 45 paise to close at 83.59 against US dollar

Posted on June 4, 2024 By admin
Rupee plunges 45 paise to close at 83.59 against US dollar

Image for representational purposes | Photo Credit: Getty Images/iStockphoto The rupee tumbled 45 paise to close at 83.59 (provisional) against the US dollar on Tuesday as the ruling BJP is unlikely to muster an absolute majority in the Lok Sabha elections. Besides, a massive sell-off in domestic equities and a strong greenback against major currencies…

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