Tag: Rupee falls against US dollar

Rupee falls four paise to close at record low of 85.79 against U.S. dollar

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Rupee falls four paise to close at record low of 85.79 against U.S. dollar

On December 27, 2024, the local currency touched its lifetime intra-day low of 85.80 against the greenback. File | Photo Credit: The Hindu The Rupee depreciated four paise to close at a record low of 85.79 (provisional) against the U.S. dollar on Friday (January 3, 2025), as strong dollar demand from importers and a muted…

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Rupee falls 2 paise to 83.81 against U.S. dollar in early trade

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Rupee falls 2 paise to 83.81 against U.S. dollar in early trade

Image for representation | Photo Credit: istock.com The rupee fell 2 paise to 83.81 against the U.S. dollar in early trade on Tuesday (October 1, 2024), tracking massive outflow of foreign funds amid volatile global markets. Forex traders said a strengthening American currency weighed down the Indian unit against major rivals, though retreating crude oil…

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